AUSTRALIA'S ECONOMY WILL COLLAPSE SOON - I WARNED YOU

AUSTRALIA'S ECONOMY WILL COLLAPSE SOON - I WARNED YOU

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Why is, the Australian, economy, soon. Going to collapse I'm gonna add a few links in the description, and. Today, I'm just gonna be talking off the top of my head because I don't really have time to be making these videos at the moment why, the, Australian economy will. Collapse why. And. I'm going to try to point out to you guys all, of the different, signs. And, signals, that I am seeing within the economy which, tell me this, so. If you want to support me you, can support me on patreon. And, if you like this video make sure you click the subscribe button and the bell icon so, don't miss out on anything so. Today, I'm going to talk about, why. The Australian, economy is going to collapse and. To. Understand that you need to understand a little bit about the Australian economy so I'll give you a little bit of Australian. Economy 101. Australia. Is. Not a very smart country we. Dig holes and. We. Do mining, we put them on boats and we send them north. We're. In isolated, country too so it costs a lot of money to, fuel. These boats. Most. Of these boats our biggest trading partner, is China they. Do say, about. 35% of the entire. Australian, economy relies. On China, buying resources, from Australia. There's. A lot of geopolitical. Problems, that couldn't happen. When. We are sending our, maritime, trade through the South China Sea and through, Anna neva but we won't touch on that today but we're. Just going to talk about, the. Big factors, in the Australian economy and. Australia. Relies on China, and even, the dummies out there they, have just started to realize this. Second. One we, invest a lot in our. Education. System so, we have a lot of immigrants, and. International. Students, who. Travel. To Australia they. Pay exorbitant. Fees, and. They. They, come down here to get a some, sort of formal. Education. So. They're the two main things that drive, the Australian economy now. Earlier. This year. There. Was a new law passed in. The Australian government, where. They. In, a, financial. Crisis. The. Australian. Government, can, take money out of your bank account. Now. When, that happened. The. Smart people around there noticed the, people that see signals, noticed, and they challenged, that and they asked for a thing a. New. Law to be passed called. Glass, Segal. I think. That's how you pronounce it they, have that in America what it does is it prevents the government from dipping, into your bank account in financial, crisis. Now. Earlier, this year the. Australian economy was looking fine even. Though I've been telling, you guys for over a year now that it's not fine and the signs are not good because of, the, changing, geopolitical. Situation. That's. One sign the. The government refused, to pass it that's. A sign and. The. Fact that. They. Then just said all the economy is doing fine we don't you don't have to worry about your bank accounts, the fact, that that happened that. Always happens and the dummies, in. This country just thought okay the economy is doing fine now, I. Want. To let you guys to what's been happening the last two weeks so this is recent we're.

Going To go back to the trade with China I think that's a big factor, the. Tariffs between. America. And China. There's. A big deal that happened where. Malcolm. Turnbull was really happy that he was. Able to convince. The. The. Americans, to not put tariffs, on our steel, exports, well. For. The dummies in Australia they thought that was awesome but. I'll tell you one thing the. Raw materials, come from Australia, they. Go to China it. Gets created, they they manufacture. It we don't do that here it's, manufactured, in the iron ore and then. The Chinese for. Quite, a long time they've, been diluting. The market, with cheap iron ore now. If, China gets tariffs. Put on their iron ore does. That mean China is going to continue to buy the. Resources, from Australia, no they're not going to at all so, we, just got a tariff by proxy. Second. We. We, are going through a. Right. Now this trade, war is a. Changing. Of the, trade structure. So. What's. Happening, is America. Now is trying to convince all of its allies to not trade with China. China. Is also, looking now to emerging. Markets, developing, countries, to try and trade with because it's going to lose trade, with other countries and. If. Australia, is allied with America, why the hell. Would, China. Want to continue, to trade with. Its enemies, best friend, okay. So, right. Now if you, this, last two weeks. Zi. Jing ping has been shaking, hands with. Individually. On. Individual. Little contracts, in Africa. Almost, every. African. Leader. Now. What. Does that mean for Australia, well that, means that their. Resource, is going to come from Africa they're not going to come from Australia from Australia anymore. So. What. We can do now is we can assume, that. 30%. That's. Right, 30 percent, of the. Australian. GDP. Should. Be wiped off the map. As. Soon as China decides, to switch over. That. Means astray. Is going to become 30 percent, poorer. Okay. Another. Thing that happened was Malcolm, Turnbull, he. Kind of got strong-armed. Into. Investing. Australian, superannuation. Into. American. In, structural projects, gee. I think he he, invested. Over a trillion, dollars of that's, right your retirement, in, American. Infrastructure. Projects. Donald. Trump is a good businessman. Australian. Politicians, are spoiled. Little shits that don't know what they're doing so now, your future relies, on these, future. Infrastructure. Projects, going really well in America and if they don't your. Retirement is going to suffer. Now. Recently, the. I. Have been saying this, I'm. Also going to at the end of this video I'm going to, the. End screen. Will. Divert you through some other videos that I've put up over a year ago I was, talking about the, Australian, currency, the Australian, economy. Or, the problems, that we are going to face in the future and how we will, possibly, become, the Venezuela, of, Asia. Now. This. Is where Indonesia comes in, the. New the, new prime, minister which, the Australians did not vote in Scott. Morrison as. Soon as he got elected boom straight, to, Indonesia, to sign a new deal with Indonesia. Why. Because, he's trying to. Diversify. Australian. Trade because they see something. Bad happening, that's, why Malcolm Turnbull also invested, our, superannuation. Abroad, because. We. Don't have any proper. Business, leaders, in Australia, we just have dummy rent, seekers I'll explain that later. So. Indonesia. In a way is a. Trading. Partner of China, and I, foresee. Australia. Trading, with Indonesia, are thinking, that everything's going to go well, there Indonesia. Does have a, history. Of invading. Countries. East. Timor is a prime example, now. If Australia. Was, to be blockaded, in any, way shape, or form. The. Australian economy would collapse within six months totally. Collapse we will become as poor as the Philippines within. Six months, time that's, right, now. What if. Indonesia. Plays. Nice with us and, then. Flips. And goes okay China will do what you will do your bidding and we'll blockade, Australia.

Or. Some pirated. Some pirates, happen, to be taking out our ships keep in mind we are an island all, of our trade goes, by the sea what. If some, unaccounted. For. Some. Unaccountable, pirates. That are taking out our maritime, trade that. Would be very costly for our economy. Also. That. That could be that's a big, geopolitical, problem. For Australia, is just getting, our. Trade, out through, the sea I. Hope. You understand what that really means, and you look at the map get out the map use. Your own brain use some critical, thinking and have a look at what is going on in the world stray, is full of dummies but I don't want my followers, to be dummies, like the rest of this stupid country. Another. Problem is. Singapore. Singapore. Is a good trading partner of Australia. We. Pump a lot of money into them they. Refine, our oil, and our fuel it comes from. Singapore. Now. Singapore's. A long way away I, don't see why we shouldn't have through. This massive. Boom. That we've had over the last 30 years our. Government didn't, invest, in figured. Out how to refine our own oil or. Secure. Our own resources, secure, our own. Energy. Future. Why. Because they're stupid if. Anything. Was to happen between. Australia. And Singapore and, believe. Me China's putting a lot of pressure on Singapore, to become entirely. Pro China. Australia. Would run out of oil if. We ran out of fuel we. Don't have any, sort, of fuel to even. Fuel our boats, to. Go abroad, and. Continue. This, economy. Ticking over. The, economy collapses, now. Right. Now China has now put, money into a. Port. In Malaysia. And they. They promised, the Malaysia they said look if, we build this port in Malaysia, we. Will run a lot, of Chinese. Trade through, this, port which will be on the Malacca Straits side of Malaysia and we, will divert a lot of traffic from Singapore, which will damage Singapore's. Economy. Now this is a way of strong-arming. Singapore. To becoming more pro-beijing. And less. See, Singapore, for, a very long time has been, let's. Just, say the, Switzerland. Of Asia that's, the way I would put it they've been neutral to everyone they've been so. Neutral. And fair to every side but it's coming to the point where they're. Gonna have to start becoming. More Pro Beijing, because America's, although. I don't, care how much Fox News you watch, America. Is losing its power and. Donald. Trump doesn't really have the influence, that people, think, he does. So. Singapore, is a Singapore. Possibly. Becoming, Pro. Beijing, is a threat to our fuel. So. Our maritime trades endanger, our, fuels in danger. Ow. Our, resources, are in danger even just by a Donald, Trump and the trade Wall of China. Now. This. Gets to. The. Other signals, in the economy, the, currency. Now. This week the, currency started to drop and I, have warned, you guys I warned. You guys last year I said the, property market is overpriced. I said. Sell, your, property, and possibly. Start. Diversifying, last year why you still have the power. People. Thought people said I was stupid. Property. Prices are dropping, why. Property, prices started, dropping when, China, implemented. A new policy last. Year and that's why I made that property video saying. That you cannot. Take. More than. $200,000. $200,000. Out of the, Chinese economy and spend. It abroad without, explicit. Permission from. The Chinese Communist Party so, that meant that millions. Of dollars wasn't flowing into our economy anymore. Now. This this is another problem with our economy. There's. No innovation here. In Australia, there's. No smart people running this place there's just, rent-seeking. Parasites. Let. Me explain, 70s. 80s 90s. Well. If you brought property, back then it's gonna be worth a lot, right now and all. Of those rich people squandered. It they got lazy they become rent-seeking parasites. Now. If. You were to, put. A law, out there to prevent like, okay if. You, think of a rich person, in Australia what do you think of do, you think of the. CEO, of Apple do. You think of someone who invented. Something. Some, magnificent. Product, which is a a. World-beating. Product. Can. You think of any Australian. That, has actually, invented, anything. I, bet. You can what. You think of and what, I think of and my friends think of when we think of rich Australians. We think of people. That earn three or four houses. They. Got like five six seven, million dollars, in assets and. The. Cost of rent keeps going up, so. I'm. Going to use the yokota economic, term unity, cost now, the opportunity, cost is. Extremely. Damaging, to the Australian, economy over, the last 40 years a, strong, Australian dollar property. Prices just kept going up. The. The, immigrants. Kept coming to Australia investing, money here, the population, started growing so therefore supply. And demand hit the Australian, property, prices. And they just kept going up and then all of these rent-seeking, leeches, latched.

On. I got. The people buying properties, you got the people, the. Real estate agents, so. 30. Years ago if, you, worked full-time for, three years just say you weren't twenty, thousand dollars a year you could buy yourself a, big, house in a an, expensive. Suburb, in, Sydney, or, Melbourne for. Say. $70,000. Just. Three and a half years wages now, it's. Like thirty five years. Yeah. And it's. Impossible, for someone of my generation of my property now that's. Inflation, the. Problem with, that opportunity. Cost is that my generation has, to spend all their, surplus, money on rent. Instead, of trying, to innovate and create products, and businesses. For the economy, my. Biggest, beef here is that for. So. Many years, you have all of these. Rent-seeking. Parasites. Buying, properties, when. If the government, had have come in and limited, it to say, three, properties, per person, let's, just round it off at three because. That's when you hit a critical mass and you start buying four or five six houses you. Have three houses there, they, are going to still be rent-seeking but. They're going to have a surplus, of money. And what. Is a, rich. Person, going to want to do with that money perhaps, they might even start, up a goddamn business. In Australia, and hire, someone, for once instead of rent-seeking, and being a parasite on the next generation, now. The opportunity cost here is not only two-fold, it's tenfold because. If. I'm, paying rent and I. Am working seven, days a week which was unheard of for the generation. Before me they only worked Monday to Friday I. Don't. Have the money to invest in a in any sort of business, definitely. Don't can't, afford a property but. If these people, had a surplus, of money they might have been able to start up a business they, might have started looking, to invest, in other people's businesses, and. That would not only improve. The economy over the last 3040, years would have been better for the, entire, country. Going, forward and I believe that this is one of the main factors where the Australian economy is struggling right now because we. Can't just be rent seeking parasites, in. The, property. Market as well, as all we do is guard. The, land and dig holes and sell, it as resources. Not. A very smart move, the. Smartest, economies, out there create, something, they, create technologies. And especially when you think about how, strong, the Australian, dollars been over, such. A long, time the Australian dollar. Leaped, over, and was stronger, than the American, dollar at one stage that's, right people the Australian, dollar was stronger than the American, dollar at one stage now. I have, said in other videos that, I believe, that the Australian, dollar will become one, dollar to, one RMB. That's the Chinese money. I've. Said that and I stand by that today. Recently. We have seen that, the, Australian. Dollar has started to behave like, emerging. Market, currencies. That's. Right the, world now sees, us for. The Charlatans, that. We are we. Dig holes we put them on goddamn, boats when we send them through the sea and we. Rent seek at home and, the. Generation, before us is screwed over my generation. And the generation, after ours I. Might. Sound a little bit annoyed with this of, course I am there. Should be big. Companies. Created, in Australia, there should have been. Investment. In new technologies. Why. Can't we have our own Apple, or or. Our own new. Technology. Company, or something like that instead of just digging. Holes and sending. It through the sea so this is my rant for today I want to I just want to point out those points to you guys the. Tariffs, and the trade war between, America. And China is. Directly, going to affect Australia, because our economy relies, China China's, not going to help out Australia, if we are their enemy China's. Going to get their recent resources. From Africa, so. The. Currency has dropped, the. Australian government has obviously, seen that we are in panic mode because they. Have sent our. Superannuation. Funds, to American. Infrastructure. Projects. We. Our, our fuel is not secured. From Singapore, because China's putting pressure on them, we. Are now going to trade more with Indonesia, and, our geopolitical, situation, is, not looking good there either because, we, are now at the whim of. Indonesian. Policymakers. If they decide, to turn on us our economy, would be totally screwed the, Australian government, implemented.

That Law that means that in, financial. Crisis, they can dip into your bank accounts, that's right you if you're in Australia right now and you have an Australian bank account and there's. A crisis, a financial crisis, that they can take the money out of your bank the. West. Park recently, last, week Westpac, put their um. They. Put their interest, rates up and. Another. Signal, I'd like to let you guys know about is, as. Soon as they put their interest rates up which is a sign of inflation, in Australia, okay it's a warning sign that the economy is not going too well because, it's going to be less money flowing around the, economy. For, trade there's. Going to be less money going, into property. As well so the property prices will, drop. Businesses. Will have less money to trade with as well but as, soon as Westpac. Because they were the first bank to move, on interest, rates, there. Was a spike in the. Amount. Of people buying stocks, in. Westpac. Now. What. This tells me is that there's, a lot of people out there with a lot of money looking, for opportunities. Because. There's. Not too many safe, bets, around, and to pump that amount. Of money into West Park. Off. Such. A small thing like increasing. Interest rates tells me that there's a lot of people that don't, there. They're either greedy. Which. Is another warning sign of the economy, or, they're just stupid. I, would. Say there's, a mixture of both going on here and if, you. If. You remember what happened in 2007. Before the global. Financial crisis. That was one of the big, warning factors, was. Greedy. People throwing the money around. Thinking. That they're going to win everywhere, and next thing you know it all collapses, and everyone loses their money, it's. All doom and gloom is it no. It's. Not all doom and gloom right. Now, we're going through a pivotal moment and. I've. Been following it all, obsessively. For years, there's. So many opportunities out, there if. You, if you were to put your money in a smart place right now. Guaranteed. In ten years time you'll be a multimillionaire. I. Implore. You guys out there to put your collective, brains together, and I, hope that the people following me are the intelligent, ones not the fools because. Believe me Australia's, full of a lot of fools I'm, hoping to somehow attract, to the intelligent, ones to my channel from now on, if. You can come up with any, better ideas. Leave. A comment below and we can brainstorm in, the comments, on where, we should be investing, our money if you are an Australian right now my. Theory right now is gold I like gold. I believe, if you're gonna buy gold you believe, that China and Russia is going to win if, you. Invest in US. Stocks and, US, currency. That, means that you believe that US, UK Australia, that. Team's going to win I. Am. Not, so positive about the situation. I, believe, that Russia and China is going to win so I'm investing, in gold. China. Some. People have been saying. It's. Hard to find but. There's there's some conspiracy theorists, yes that's right conspiracy, theorists out there saying. That they believe that the. Chinese are hoarding, gold but they're not being transparent with it so they're they're. Reducing. The supply so, that the, cost of gold increases. And the, plan of that also. So. That the price of gold increases, Russia's, also, transparently. Investing, in gold they're letting everybody know quite, transparently. That they have been investing, gold over the last decade now, the reason, why this is so important, is because. Recently. America. Has just just. Gone to town on Iran. Got, rid of the Iran. Nuclear deal to try and destroy their economy, because, Iran is selling, oil in gold to, China. And Russia. I believe. Gold because. If you do some technical analysis, on the. Charts, Gold, is very volatile, it goes up and it goes down people like, gold, they trust gold so. I believe that that is possibly, a good place to put your money. I believe. Gold because I believe China and Russia will win. America. Will in, turn, try to collapse. The. The price of gold so, that's the, battle that's going on right now, America. Wants gold to drop, Russia. And China want gold to rise so that they can back their currencies, and then the irony, the Chinese are on baby can, become the new reserve, currency, that's their plan. So. You can either buy RMB, or you, can buy gold if you believe that side's going to win if you think America, is going to win invest. Somewhere in America it's easier. To find, investments. In America, especially if you're in an Australian, in a western country you, have a plethora. Of options. So. I'm not gonna just tell, you one or two you've, got so, many options to choose from. Now. If you were to of.

Panicked. And sold your property or. In. My opinion one of the smart people and sold your property, you. Got a surplus of money and you want to invest in property somewhere else I would, definitely, say Sri Lanka in Colombo, because China just is, building, that port up and a lot of trades going to go through Sri, Lanka because I believe that that, Sri Lanka that. Sri Lankan port, might become, as rich, and powerful as, say a Singapore. Or a Hong Kong therefore. The property prices will explode, in the next 10 20 years. Probably. Buying. Property. Or investing, around Malaysia. I think. Malaysia is another, interesting. Situation. Where they've, dealt with corruption for such a long time and it seems like they're cleaning it up and. Building. This port, and getting a lot of trade, from China, and. Would definitely, 100 percent boost their economy, so Malaysia. Not, many people are going to be talking about Malaysia, but I, like, the look of this I like to look at what's going on over there, the. Other option, is Indonesia. If you trust Indonesia, as a country. When. You look at how many Australians, go there every year, 1.1. Million, Australians, travel to Indonesia last, year believe it or not that's how many Australians, travel, to Indonesia and holidays there's. A lot of connections, between the two of us. By. The way the Australian, currency dropped, faster. Than. The. Indonesian. Currency, that's another signal, that you should be taking note of it dropped faster than the Indonesian, currency which tells me that more. People, only. A small percentage but more people trust the Indonesian, economy than, they do the Australian, economy and the projections, for the Indonesian economy is, that the Indonesian, economy will, be the, fifth largest economy, in the world I learned. Them there in the next decade so. Investing. In Indonesia, might, be a good opportunity for you guys if, you're a smart. Australian, you have some sort of technology and some sort of getting. Go in you and you are willing to take advantage of this opportunity, starting. Up a business in, Indonesia. Might. Be a good option for you. As well so there's. So many opportunities out, there I also think, if. We're going to talk about currencies. If. If. China's, shaking, hands with leaders, of say, Zimbabwe. And all of these African, nations. Some. Of these currencies. Are going, to go. From. Worthless. And they're. Going to, they're. Going to times by a thousand. Overnight, so, as soon as China signs, a deal with some of these African countries their. Currency is going to boom. So. This. Is a bit of a risky one but if you were to pick the right one, you could definitely, it's like winning the lotto you could there's, not that many African countries and if you follow it closely.

As, Soon as they sign the deal and the money goes through and some sort of projects. Start up in some of these African, countries their, currencies are going to increase and you can definitely ride, that out pull your money out that's definitely, another option as well there's. A lot of huge, opportunities. Out there so it's not all doom and gloom it's just doom and gloom for Australia. So. If, you liked this video make, sure you click the subscribe button and click the bell. Icon so, you don't miss out on anything make. Sure you let. Me know what you think about this I'd, like some feedback you can link things in the comments as well and. Also if. You like my videos, and. You. Want to help me out I do, have a patreon, and. You can help me out financially, so. That I can obviously. Buy. A better camera and some better audio equipment, so that I can provide you with a, far, higher, quality. Video, than, what, I'm doing today by just, an. Ad hoc type, video like this where I just pull. Out the mic and I just tell you off the top of my head what I think about what's going on but. I'm hopefully, I still, provided. You with enough information, about. What's going on and by. Looks of it this is like a thirty half, an hour video so. I. Better. Go now and. Nice. Chatting with you guys. And I'll. See you guys in the next video don't, let fear stop you.

2018-09-17 10:52

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Comments:

Flash news: The wealthy Chinese are buying up all the property in California and in places across the U.S. and also in Vancouver, Canada and other European countries. This is inducing a bubble. What they do is move in and raise the praises and make the area unlivable due to high prices. This looks like a pattern that is going on all across the world as evident in Australia. Bottom line, wealthy Chinese people want to rule the world and the way you do that is to own land across the world and artificially inflate the market.

I don't like if you say Indonesia is invading country (Timor Leste) because Torres Strait Islander (Aboriginal) need freedom to. Since 1967 till now. If you really care about invading country.

Invest on gold if many country sell their gold, the prices will be less. Invest on dollar if many country use their own currency, the prices will be less. Invest on house problem with price bubble. Invest on farm problem with rule or political, like cow export. Secondly the price with strong currency hard to sell. Invest on education in technology age, internet is the teacher now. About country. Singapore is commonwealth country like Australia, even close with china but China not a commonwealth country. Indonesia already hard time with Australia in many area. From cow political (Julia Gillard), spy scandal (John Howard), Timor leste referendum (John Howard), asylum seeker back (Tony abbot). Invest on culture understanding and knowledge with your partner if you wan the best result. Don't forget history and take a lesson from that.

The Aussie dollar has a high chance of collapse! Their reserve bank is trapped.

what can we do. ? I;ve known this for a long time. but I think the gov has put us into bed with the americans.Did you notice that the media just reprted on Barnaby joice s affair while the gov were in usa, doing thye s super deal. I mean the aussie folks are pretty dumb. I think the yanks offer their terrible milliary scare false security stuff and provide selected info to sertain people who the justify their actions. pine gap etc. Like you mentioned the property market, leeches and slaves, maybe the Australian people deserve egg on their face, greed etc. , I feel that micro business models have a method of turning a full circle re money and trading. like tittle tornado's with their own energy ecosystems systems. This is happening at the moment on a platform called dealshaker, and internationally . with a crypto currency.

+Mick Knight Well newbies like you all start out as sinophiles in the beginning. I was a left leaning panda hugger in the beginning too, over a decade ago. Now, as you become more educated about China, your views change. Professor Michael Pillsbury was pro China for almost 40 years until he woke up. I learn faster. Hopefully you will one day too. Before it's too late. The next generation will suffer, it's not going to be pretty.

do some positive research on china because all countries have their positives, just have a look. I just flew out of china.. positives and negatives are everywhere. get some balance. cheers and take care..

You can spread the word that China is the world's most dangerous country. Share this video with people who are smart enough to at least listen. knowledge will change things, when I first started on this journey, most people still thought China was poor. Now people are starting to wake up

Amazing video I have spoken to a couple overseas students working in Melbourne allot of them work 7 days a week to pay for uni and rent so I can imagine how financially stretched most people are if you are renting. Some students group together 3 to 5 students per room just to be able to afford the inner city's rent fees

Gold is good. Silver even better. Cobolt (electric cars and solar panels). Good farmland (farmers are +60 years and we all need food). A sugestion for Australia is to import white smart dry farming experts (good work ethics too). And stop at once muslim garbage importation (they don't work and create violence). To invest in Africa is 100% stupid, nothing has EVER worked in Africa.

The main problem is printing too much money. A country print money when banks issue loans to individuals and companies. You BORROW to much. The fault is Central banks, low rents creating asset bubbles.

I understand your frustration with an older generation of smart people buying houses and earning rent. But you would too if you were given the opportunity. Your know, free markets and capitalism. Communism än socialism is just 100,% shit. Freedom is important. Australia has comitted many other bad decisions but free markets (like buying houses cheaply and net them out) is not one. I beleive in the Austrian school of economics. A small state. Minimum taxes. Free markets. High protection of assets. Not socislists saying "you can't make money by being smart and buy cheap and earning money on houses". Otherwise you got lot's of other good insights. I did not know Australia was so stupid that you don't even know how to reffine oil to gasoline! And you export iron ore on ships to China so they can produce steel is so dumb I cannot beleive it. Your have plenty of white people with average IQ of 100 and some fron south East asia with average IQ of 105. Of course you can do it. Not even my crazy country of Sweden is that dumb and that is saying a lot because we are THE most stupid country in the world.

Agree with you 100% not for all the normal reasons but simply because we're trying to retrofit a hierarchal, debt laden industrial economy onto an emerging flat, sustainable sharing economy which is not going to end well. There's no way to facilitate debt in a new world with peer to peer lending where people will bid for loans or cryptocurrency eliminating rorting middlemen completely. In the spirit of looking for value in the wake of the second crypto Ethereum copping a beating due to not getting the support for it's platform expected. Might be an idea to take a gig at what Stellar in partnership with IBM https://bit.ly/2k5E7zK are up to and some big name ICO's moving over to the platform from Ethereum which is currently listed at AU$270.00 (down from a top of AU$1,600 at one stage) whereas Stella with big backers is great value at only .27 cents https://bit.ly/2N5GIL5

and no one said bitcoin. which is actually the correct answer to these questions.

those who are doing it don't waste their time explaining it to others without some potential future benefit. I doubt i will receive any benefit from further conversation.

Jeez, this guy is a prime example. The market cap of all cryptos is approx 250 billion. . . about a third of Australian debt... You need to start listening to me and educate yourself on some facts... Stop being a dumb Aussie

Australia does have a major economic problems, mostly that something like 70% of our wealth is concentrated in housing, our largest employment field is truck driving (which will be gutted by automation) followed by construction. so our largest employeers is going to roll, and our second largest emplyer will roll when the housing market tanks. All this China shit is irrelevant.

Domestic is different from international trade.

Becaue Xi shakes hands with African's the logical assumption is that they will stop buying from Australia.... Righteo. Then talks about how much Indonesia will grow but doesnt talk about where they will buy their iron and beef from(australia) this is Dunnings Kruger the video.

Shakes on trade deals. Mostly resources deals. 60+ billion. It's ok if you don't get it. Most Aussie's can't understand anything so, all good.

Good job here Dave. I reckon that AUD 1.4 trillion Oz Super transferred to American investments has EVERYTHING to do with why Turnbul the turncoat got out of the way. And I reckon this is another indication that this global debt-whale is about to be rolled Into THEIR all-digital blockchain real soon. Money and top-end managers are positioning themselves. Big money is getting out of the market and the FED IMF BIS are buying the gap so the sheeple don't notice the shift. You gave a couple of your projections ten years or more out, but I didn't hear you factor in Bible prophecies being fulfilled to the letter in and around Israel, Russia, Europe, and China/Kings of the East right now, even though you have seen and called the action on the ground concerning all these power-blocks jostling for position before this thing goes off Apocalypse style. If you are not up with the play in the serious God-bothering department, what is happening with the coalition between Russia, Turkey, and Iran in Syria, is the prophecy in Ezekiel chapter 38 & 39 being set up ready to go as soon as Isaiah 17:1 is triggered with the over-night take out of what's left of Damascus. (Is this building battle in Idlib the set-up for that?) Multitudes every week are being added to those who are so willingly taking a chip in their hand to access and buy/sell stuff is another prophecy heading towards fulfilment. This is not religious nonsense I have listed here. It is every bit as real as the action you have seen from a distance and called out in your video here. 2,018 years ago Jesus split history for the whole world by rising from the dead so convincingly, 500 plus people who spoke with Him then turned the whole world upside-down yelling about that as being a fact, and then sealed their testimony with their martyrs death rather than deny the truth they knew to be so. That Antichrist IS coming with his mark in the right-hand buy/sell global system, and fully 2/3rds of the Jews and Gentiles are going to die. And the beginning of that is what you have just laid out in your video. Read about what comes next in Revelation 13:11-18 & chapter 14:8-12. I strongly suspect the sudden mass disappearance of a certain group of God-botherers is what is going to set this powder-keg debt-bomb off. Soon!

"I don't have time to make videos... Going off the top of my head..." "If you want to support me, blah lbha lbahhblhahbla" LOL

Stir fried zebra

Good on you Dave. Keep sharing your research and ideas.

The problem with technology companies in Australia is that alot of the jobs just get sent overseas

china attempted to buy all your cow farms and flood them with their own laborers .

Why? Becuase Austrilia is anti-China now.

+Dave Lee hmmmm... lets say Trump administration love to do that. Bullying everyone including its own allies . Lol

Nope. Just how the world works. I feel as if the US wants to collapse Australia too

buy a farm work the land safe bet

Where should we put our money if it is not safe in Australian banks? thanks

I've been diversifying. My best tips will be shared privately to my Patreon 's

but how can you do if you are not smart enough? LOL

wow, you are intelligent!

Invest in gold and silver

+Joe Yan I've got a load of ounce silver coins in hand. They are purely a back up plan for trading domestically if the currency hyper inflates. But I'm thinking of big options, people are about to become rich.

I like Silver as well. Like below, Gold to Silver Ratio is currently 80:1. Throughout history usually between 12 to 15:1. Both gold and silver markets are heavily manipulated through futures contracts. Otherwise, you can invest in our tech company if you like! Couldn't agree more though, the average punter in Australia is pretty much brain dead, the country has been gutted. Baby boomers believe they are all wealthy due to the illusion of high house prices and all pick up a new X5 or X6 each year in retirement. I think a lot of people will be in for a rude shock if the AUD collapses.

Dave Lee what do you think

First: you can buy more (very cheap) Second: silver used to be 12:1 ratio against gold (might become the same as it used to be) Third: It’s decentralised (like gold)

Why do you like silver?

Won't do any such thing, pencil neck...

"I told you so" in coming soon

I like platinum and gemstones, but I'm a platinumsmith (I always use as much as I have) who buys gems as an investment with plans to have so many gems that I can be retail hub. I don't like gold because I think the ex-West Papuan mountains that have been taken down were full of gold and there is much more of it in store than we know. Platinum is valued mainly on industrial use and that will increase. It's rare. I'm keeping my property because it's inner city. It won't be affected much (nopting there is a glut and they have dropped and it will get worse) , and I'm playing a dicey game by keeping my cash in the bank while I wait for properties that are slow to move to halve their value. What do you think? I'm hoping my occupation is safe. It should be. I only need raw material. I have to stay solvent in the hard times and I've invested years of work purchasing anything I might need, thinking these cheap prices won't last. I assume the looming Asian Union will keep our housing prices up, but they will dump it first - probably via agreemennt when I think about it. That could be wrong.

Platinum looks undervalued but I went for gold even though it's possibly overvalued. Maybe you're in the best metal. There are valuable-high conducive rare metals that are used in phones and lap tops, perhaps this would be a good bet. If you could actually find a way to buy some. On property, being prepared to jump on some bargains over the next 5-10 years is a great strategy

Dave what are your thoughts regarding Bitcoin? Cheers, Ed

I've heard of a Glass Steagal but what's a Glass Seagull?

As an Aussie who lives in Europe and works in China and had to get out of Australia because of the greed and dummies(I do really miss the beaches and weather), I fully agree with your points here. One of Australia's biggest problems seems to me to stem from all the property speculation that is sucking the guts out of Australia when this capital could be used for business investment. I live on allot less than it costs me in Australia and my life style is so much better, one day I plan to move back(to retire) to good old quiet, warm Australia after the collapse(if it ever happens) and everyone is more humble and less greedy. Best investments; your own education, gold, living frugally while saving your cash, government needs to get rid of tax breaks for investment properties (every tax paying australian is subsidizing some property speculators losses).

they do Not have Glass Steagall in the US, Not since Clinton in 1999, they have dod frank which is a joke compared to glass steagall you might want to research the subjects a little before you start doing videos like this.

googled....haha,,,,that is just a short list off the top of my head dude, i prefer the austrian school of economics over Keynes, which if you had read his books you would know we do not really have keynesian economics as he set out anyway. i am not disagreeing with you and i like the enthusiasm but when you make videos without doing much research you look foolish, Most of my family works in banking & finance for generations, i have worked for the NAB for over 10 yrs, My Father was a Bank Manager for the NAB for over 35 yrs and my uncle was very high up in the credit bureau at NAB House and retired at 38, banking & finance is something i have grown up around& been involved in all my life. all the best with your study......

+Greg Rayner Oh, and the irony of not listening to even a third of the video. Feel free to go through the video to find more errors. I'm happy to be proven wrong and change my position.

+Greg Rayner Well googled. Pippa malmgren was not in the list. John Keynes? Perhaps you should study up on Keynesian economics, seen as the Australian system has been implementing this British style ideology since 2008. This is part of why I fear stagnation appearing in the economy. You don't have to listen to my outrageous predictions by the way. (I'm well aware of how outlandish they must sound). But all the patterns I see, lead me to these conclusions. So far, I am mostly correct. The next generation of Australians will have a far lower standard of living than we did. 100%.

i could not get past the 7 min mark as it was very clear you had no idea what you were talking about. here is a short list of people you might be interested in while studying economics, Doug Casey, Peter Schiff, Alasdair Macleod, Max Keiser, Stacey Herbert Greg Hunter, Mike Maloney, Jason Burack, Doug Noland, Marin Katusa Jeff Berwick, Gregory Mannerino, Danielle DeMartino Booth Bill Murphy, John Rubino, Ken Schortgen, Danielle Park, Chris Marchese David Morgan, Jim Wille, Andy Schectman, Ross Clark, John Williams Lynette Zang, David Stockman, Gerald Celente, Don McAlvany David McAlvany, Eric Dubin, Keith Neumeyer, Eric Sprott James Rickards, Steve Keen, Rob Kirby, Michael Pento, Peter Leeds Steve St.Angelo, Michael Rivero, Nick Santiago, Rick Rule, Bo Polny Harry Dent, Ron Paul, Jim Rogers, Robert Kiyosaki, Marc Faber Martin Armstrong, Michael Snyder, Charles Nenner, Ray Dalio James Turk, Bill Holter, Catherine Austin Fitts, Nomi Prins Karen Hudes, James Wesley Rawles, Paul Craig Roberts Harley Schlanger, Chris Martenson, Chris Duane, Lior Gantz Ann Barnhardt, David Quintieri, Karl Denninger, Jim Sinclair Charles Hugh Smith, Derrick Michael Reid, G Edward Griffin, Warren Buffet, Jeff Nielsen, Carl Ichan, Gordon Long, just to name a few................

Yup I knew that. If that's the only small mistake you can find. Then I did extremely well. Considering the amount of ground I covered in this 30 mins video. Either way, your comment is pointless and the point you make is also pointless. Australians have NO protection from the banks. I would prefer we did. That's the point of mentioning glass steagall. Thanks for playing

Sorry I can't support you on patreon. The economy is about to collapse so must save pennies. Also your conclusions here are a so askew they are laughable. Iron Ore- it will be coming from Africa- good luck with that. OZ has the highest quality iron ore in the world and it is close for transport.Iron ore from Brazil is much cheaper but lower quality but China still buys the OZ stuff. Pretty clueless presentation. Millennial mindset.

Pennie's OK... Save your pennies. If there are tariffs on iron. Then less will be sold. Australia is in the middle of a diplomatic freeze with China, so why would they continue to support our economy hey? Did you notice that every country aligned with US started sourcing oil elsewhere from Iran become they deal ended ? perfect case which proves my point. I told you so coming soon

You make sense

Why would i support you when the first thing you say is you really don't have time for this?

china doesn't care about your cows they want to own your seafront oil and polk you up the but SOY BOY

What? Those skinny dying drought effected cow? Seriously? "Your land" is full of deserts...….can't even sustain a small population. GET REAL HOMO....more like your criminal corrupted bankers killing and skinny you alive.

You have it wrong with your reference to Glass Stegal, Clinton repealed it in 1999 and it was Hockey at the G8 in Cairns Qld that brought in the Bail in Laws....and that is global not just Australia. Just so you know when you desposit money into a bank it is no longer your money it becomes a bank asset and you are an unsecured creditor....thats how loans work, but to hard to explain to you here. Nice to see you enlightening people, maybe do a little more homework, but keep up the good fight amigo

Thanks Dave for your thoughts. What you are describing is, unsurprisingly, similar to what is happening in NZ e.g. Growth mania, house prices, inequality of income, student immigration business racketeering, Chinese investment in housing and property development, government instability etc.it seems to be widespread.

https://www.youtube.com/watch?v=u9aHC2tSmRM&t=340s this is why our country is going to collapse the lima declaration was signed in 1975 sending 30 percent of Aussie jobs to 3rd world countries that number is over 80% almost 90 they sold us out,,and i have a right my great grandparents and grand did fight in ww1 and 2 for these pricks to make us struggle our electricity is through the rough they keep raising smokes they wont stop,they will make them 100,000.(not to mention jews forcing mass immigration)

Wow! a young fella that actually gets it. Maybe there is hope for us yet.

Your nowhere near the only one bro. We are the silent majority. If any politician including yourself gave the same speech word for word tgat I just listened to they would win in an absolute landslide.

I'm the only one I know who sees it like this though. Here's two years to mark in your calendar. 2022 point of no return, if we continue on this trajectory. 2034 when Australia becomes a third world country like Venezuela. Start to prepare

Lets form cooperatives buy the farms and put ECOVILLAGES and work in groups regenerating the land using PERMACULTURE principles- preping ecovillages

Independent Farmers will be rich in the future

Blockchain will be used by countries and replace the current cryptos. In the future you may be jailed for using banned cryptos. bitcoin might become illegal in some countries. Capital flight can damage a country, they want the average person to stay. Only the people at the top can safeguard their money. Definitely not you and me. I was offered a job as a crypto trader earlier this year, it's addictive. The pattern is clear though. cryptos lost the battle. The market cap is under 200 billion I think. Buy physical gold and silver.

He has no idea what he is talking about, i was just pointing out the ridiculous obvious errors in the 1st few minutes. He looks barely 30 so what would you expect really, no real life experience in finance & economics, He is just obviously just parroting what he has heard elsewhere, thus all the errors Everyone should do your own research & education & Not rely on other people's opinion i am not sure if he is an aussie thou, certainly does not sound like it, My family has been here since the 1st fleet in 1766 & i doubt he is even 3rd or 4th generation. and bank managers & credit bureau is Not Highly credentialed at all, you would be on the board of directors or CEO to attain that title.

Greg Rayner Good observation. Who would I trust? A poor no body Ozzy utuba, or opinion from a long, long line of high credentialed bankers? lol

Jim you sound a typical old cock sucker

Cheers

Because if you listened to me and take action to safeguard yourself and your family. I just saved you a fortune and possibly your life. 2022 if the trajectory continues, will be the point of no return. 2034 Australia will be a third world country like Venezuela. With support, I can at least buy a new mic

Its not irrelevant

You are a stupid Aussie

Religious nonsense. Stop spreading this Christian horseshit

Btc Ag Au.

Crypto & precious metals in that order!

No more "Lucky country" eh?

coming from anglo-saxon pirate country statement that "indonesia has history of invading" is rich..what dumb analysis..indonesia is afraid of anglo-saxon thugs and not other way around

+Manu Datta You just confirmed why Indonesia is a threat. Plus acknowledge that it may be revenge on white people. Gotta get those white people for the sins of those hundreds of years ago hey

haha part of and loyal to pirate empire which has almost invaded all countries of world and looted them and still looting..yeah sure..

Fear is in the heart of the most aggressive of men

Start with better infrastructures, some faster trains. Unfortunately we can't fight the masses of fools in this country from top to bottom.

We can try have people with Chinese backgrounds be more patriotic towards Australia instead of against us too. Many in Australia are patriotic towards our country but we are having Chinese netizens infiltrate

China is the new Japan. Australia's problems will stem from the economic collapse of China.

Dreamer. Lived in Indonesia for ten years. Business here is impossible. Corruption graft and they dont like or support forieners. You stick to your google you tube and crap. Grow up travel and see the real world.Be grateful you can still buy fresh safe food in oz.As for foriegn investment you sound like you dont have a cracker. If you dod you probably be one us greedy people making hay and keeping it quite. Scare tactics by another uniformed stay at homer..still living with ur mother ?

Very good points

Libor rate ;)

No glass steagall in USA. Bill the Clinton threw that in the garbage back in 1999. Then the economy crashed...

This is a warning to Australia. It's a pattern which is happening here

Hippo in the Room I was an Australian engineer and designer for many years and ran an engineering manufacturing business for years. I have been considered a pioneer in some things. Australian government policies eventually drove me out of Australia. Banks did not want to lend me money to manufacture, but they were happy to lend me money to buy real estate. I then went to America and began a business there. Mistake - I returned here and began importing from China. This was good but I could see it was a short term thing. Manufacturing was my thing, not importing and marketing. I loved creating product and seeing it where ever I went. You are very right and I came to the opinion that we must join with China. It is obvious that we are in the geographical and trade sphere of China who have become the giant of the sphere. It is the only way I can see our future, but I have taken a lot of flack whenever I spoke about it. I have spent a lot of time in China and if I can't convince other Australians to save themselves I will simply save myself. I will never be able to get my head around the fact that highly intelligent people can be so stupid. I resent their ability to attack me for my realistic views. The years of easy wealth have blinded them. I never relaxed in my journey and I certainly never got it easy. Listen up people - China is our future.

Glass-Steagall stopped the banks from conducting speculative market operations which endanger customers deposits. It was law in the America for decades but was finally repealed in the late 1990s which helped create the conditions that led to the GFC. As it stands now the banks can gamble on the stockmarket (or elsewhere) and if it goes badly there is a chance the bank could collapse and depositors may lose everything. Although in AUS (last I heard), deposits were insured up to a maximum of $250k but this is in effect a subsidy from the government to the banks which is unconscionable.

https://en.wikipedia.org/wiki/Glass%E2%80%93Steagall_legislation

Great video, you should consider buying cryptocurrency like Litecoin and Bitcoin.

You are wrong! Australia is a very smart country, actually the envy of the world even for digging big holes in the ground.

There is only way to win... read the 1611 Bible and put your total faith in Christ. Nothing else is going to save you !

Mate Australia cant even build a new coal fired power station. All our politicians are UN puppets

SILVER MIGHT PERFORM BETTER, THAN GOLD,

the economy want collapse, however it might go into recession, the AUD will become weaker against the USD, CHF, GBP, the Aussie dollars will be the new pesos!!

It's all by design, no stupidity on the part of leaders. Canada has reserves of oil but is not known for refining. Also Aus and Can are very similar in immigration policies and growth. That is all planned and meant to be an ethnic dilution and breaking down of living value and living space. Conspiracies aside it is now a current forefront UN directive and had been slowly building in the shadows for 50yrs.

Dave - The Australian Labour / Liberal Party did us all over! Whitlam - Hawke - Keating - Howard - Turnbull - Lima Agreement - Australia Act - sold Telsra, Qantas, Commonwealth Bank, Power Stations, Large sections of Agricultural Land and Queensland Islands. Free Trade Agreements! - Allowed the sale of all Aus Gas - No local supply - Most oversea Companies do not pay tax. As they sold your future - Yes Lazy Aussies will not get off there arses, they keep voting for these grubs.

Lima declaration of 1975 if Aussies new about this Every political partie would be over

Great info DL

Also Singapore does not produce or refine Australian oil! Australia produces 70% of its own oil, however it is priced at the Singapore value. So Aussies are again ripped off

Financial Sector Legislation Amendment (Crisis Resolution Powers and Other Measures) Bill 2017

+Gary Mathew Feel free to link me anything used on facebook. I'll try get the word out too. Together we can change things

I agree with Dave, however not all our generation has been ignorant, I have been discussing this very scenario for over 15 years, to such an extent that friends now actively avoid discussing it with me. They are all ostriches, and we have destroyed 3-4 generations into the future. We have pigged out on credit for 40 years. Btw physical gold not paper gold. And I think it will come sooner than 2022.

Hey me too, but i work in Europe.

Apillbox ALL WESTERN COUNTRIES ARE HEADING FOR COLLAPSE!!!

The ‘China shit ‘ won’t be irrelevant soon... they are planning to take over the world!......between the Muslim parasite ‘refugees ‘ and the Zionist psychopaths this should be the best circus yet!!

Murat Harman. Mk 10:25 I reckon! And that is because most often the rich have to burn their conscience standing on their lesser fellows to get their wealth. Not for me thanks! Thanks for the 'goose-honk' on our way home. See you there! Maranatha!

+Mark Shirley well said my friend... Mark 10:25 (KJV)

Murat Harman. True, but that is because since Constantine in 325AD wedded his murderous political Empire-building selfish ambition to the Christian doctrines by morphing those doctrines into the Pagan ceremonies and holidays adding Jesus name to them, the catholic institution has NEVER been Christian. Which is why it has shed rivers of blood and been sexually deviant all the way up into this day. Jesus is NOT religion. Religion colluding with politics had Him crucified, but God/Jesus turned that atrocity around to pay the death-penalty He demanded of our sins. "The wages of sin is death = separation from God FOREVER! Take Jesus blood/death and you are home free.

+Mark Shirley you're absolutely right.. what is happening now is written in Revelations... but the Vatican is making sure people ignore the Bible so they won't find their way home through the teachings of Christ.

Beau Wetini. The great thing about this day is you will see Bible prophecies unfold in a way your heart may not survive. That is if you don't get hit by a bus first. Take care today my presumptuous blind friend. Watch Damascus. BOOM!

Lee Turner. A TRUE 'God-Botherer' is someone who has believed and received as fact that God/Jesus death/blood on His cross has paid in full the whole demand He made on us for our sin, which is death = Eternal separation from Him in hell. NOT annihilation. And that WHOLE demand being satisfied by Jesus Himself, enables Him to give the believer His own nature to live out of. And in that new nature we bother Him every day over the troubles we see within and without until He says ENOUGH! and He takes His own up in the rapture so He can judge this wicked world for the next 7 years of the tribulation under the Antichrist. Read it in Revelation chapters 13 & 14. OK?

The ‘mass disappearance of a certain group of god-botherers’ ?????

bluexman1 bluexman1 what veggies do you use?

Giang Truong yes and your country has the worst HUMAN RIGHTS IN THE WORLD! How’s the internet doing CENSORED FOR YOU ALL BEFORE YOU SEE ANYTHING! GOOLAG IS WORKING ON IT FOR YOUR LOVELY GOVERNMENT

Dr. Fu Manchu you’d know would you? Living on a farm in fu manchu land are you??

Chris H take it out and keep it stashed away, safe places all over your house and garden! If it’s not in the bank then they cannot take it from you!!

Dave Lee that’s the Aussie spirit!

australias iron ore is cheap and also better then africas our wages are higher but that is nothing because wages are a tiny cost to mining. the percentage of dirt to iron ore is so high in aus that we dont need to dig as much dirt up. but i do agree about the rent seekers and general lack of innovation

What utter Rubbish.

Well worded statement.

Excellent video and very well spoken indeed. We need people like you sir in Canberra as our pollies dont have a clue. Thankyou.

In a worst case economic scenario, might Australia degrade into a US client state?

We have been since the US became the guarantor of our maritime trade security. Previously we relied on the British. The south China sea problem has shown that the US May not be able to guarantee our maritime security in the future. If China controls the entire Asian sea, then every country in Asia will have to do what China says. Simple as that.

The Fed Central Bank of US keeps rigging the precious metal prices reason being they have to sell US bonds, transferring their debts to the world. They knew this is the last rally of the US dollar as all these emerging markets’ fiat currency are tanking, inevitably, it will hit US as well. That’s why Russia sold half and by now, all of their US bonds and accumulating gold. China is staging gold, and JP Morgan Bank has been staging million tons of silver....... what we are seeing at the rigged prices of PM are simply the plays by shorting paper gold and silver by the traders.When US dollar tanks, all bubbles pop, PM will rocket to the sky and then there will be a global currency reset, back by gold to a certain ratio. So this may well be the last chance to protect your wealth by getting some PM while it is dirt cheap. Guess gold miners stock in Australia is worth investing as well.

South Africa would not be a good bet with all the land grabs ongoing....even if they make a deal with China.They will go down the path of Zimbabwe.

Zimbabwe might be a good investment now. New government and about to change from using bond currency. Plus China has moved in with some investments. Africa has a few opportunities now

It’s not so much the rental parasites, which have helped jacked up the property market, it’s the Chinese and Indians who are buying without any restrictions. It’s all due to greed from the government , real estates agents, banks etc profiting from this!

Best investment imo is productive arable farmland. Grow and produce for your own needs, sell the surplus. As little debt as humanly possible, don't just look where you currently live, seek out opportunities. Invest in Australian stocks for tax effective dividends and support your countries industries. Drop your consumption on meaningless shit, you're wasting time working for it that you'll never get back. To sum up-Farmland, no/little debt, save, invest, spend time with family/doing what you love.

Australia's abject subjugation to the Zionist controlled USA is going to be our downfall. Most countries have dumped the US Petrodollar, the only thing besides US government bonds that is holding the USA together financially. It's starting to happen and will slowly build, the next thing you'll know, the American dollar will be worth Zilch. Im thinking about buying Texas for like maybe $14. lol

Gday, great video. It mirrors a lot of what I,'ve been reading over last couple years( nobody wants to hear about it when you bring it up in conversation) but a question- who are you again??

Not cool how you call everyone in Australia "DUMB" and "STUPID" how do you know you are not one of us? Just remember you couldn't pronounce Glass SteGal correctly.

Australia is a 1/3rd owner of the IELTS global human trafficking fraud scam racket. It is therefore 33.3% responsible for the financial compensation payable mostly to citizens of India and China whose life course have been destroyed by IELTS examiner profiteering fraud. I estimate that Australia owes approximately USD$33 billion dollars in compensation to IELTS's (IDP Education) human trafficking fraud victims. Morrison can save money and offer permanent residency visas for the hundreds of thousands of international students who have been scammed by IDP Education IELTS which is owned by Australia's public universities. http://www.thefreeschool.education/language-tests-review.html Concerning this presentation. Too many Australians have purchased second, third, fourth etc homes on credit prior to paying off the home in which they are living as their prime residence. This bubble with burst.

The best way is keep America as good friends (not their PUPPY) and China a trading partner, don’t get involved in South China Sea issues, nothing to do with us, and focus on our own business and country and people and jobs etc

You are so right about Aussie stupid by not developing its on products - It is a obvious fact that you can make way more profit on producing products from raw materials than selling the raw materials itself - The only reason I see why they have done it the way they have is to purposely crash Aussie economy and then they (China) swoop in and rescue Aussie by buying up all the resources (land) ....... guess it is all lose/lose for Aussie and NZ as well by default (Our major banks Aussie owned) - On Gold & Silver, over long term Gold & Silver always pays off - look at historical data. I asked my PM dealer about gold sales couple years ago, they told me that people here NZ, selling real estate and buying Gold. I personally think unwise to buy real estate in this over inflated market - buy Gold, wait for prices to drop (estimated 40%) then sell gold and buy Real estate.

Deport all immigrants .me included.and over take nz . ha ha

What an excellent assessment and well done for the research. This was packed full of information and a pretty accurate account of the status of Australia

Spread the word. It's not too late. We have until 2022 to create huge change in this country. Or our next generation will be living in poverty

China will continue to buy food and other resources from you. Being allied with African countries are having more political impact than economical impact to China. They cannot buy food from Africa. China under xi jinping does not have any real ally around the world. USA, EU, Canada, and many from the west are starting to move away from China. Even Russia's closeness with China is hard to confirm if that is real. China xi jinping, thus look for friends from the third world by paying, paying and paying. This is a stupid way to find allies.

As the Australian currency drops. The food will be very cheap for China. Therefore we will not have much quality fresh produce for ourselves. I made a video on this last year

great info... Australian politician are Zionist puppets....

They are puppets. There is a pattern I've noticed but don't want to expose them because we need to focus on solving these problems ourselves. Our politicians are in trouble because Australians are stupid bogan fools who are the real problem. We need to wake up and fix these problems now. Somehow educate the bogan fools to help us, instead of destroying us. Australians always blame the government when the real problem is themselves. Look at the cfmeu recently protesting wages. The problem is them, they are the most overpriced, unproductive bunch of useless construction workers in Asia. We are surrounded by 3 billion Asians that are building huge skyscrapers em mass and cheap When we are a huge country, with no property, high prices because of supply and demand, yet these bogan fools want more money! Sorry but this makes me so mad. I used to be a construction plumber, so I've seen it from the inside too.

Very interesting video, but it surprises me that you haven`t mentioned Australia`s environmental collapse due to Global Warming. The wet areas are getting wetter with catastrophic flooding, and the dry areas are getting dryer. You don`t have enough water for the cities, you have cut down forests that had supplied your water, and your farms are dissapearing. Surely this will impact "the economy". When you come to the point when you have to import your food, where will you get it from? You won`t be exporting it much longer, I am afraid. Your government should be investing in desalinization plants and irrigation systems. You are right. Your government is very stupid, but so are all the others!

Dennism how will they be able to pay for it? Do you buy coal from them? Maybe asbestos? Also, as the climate deteriorates all over the world, there may cease to be any food surpluses for export--anywhere.

they will be buying food from us New Zealand.

35% of Australia exports is commodities ( not 35% to china) switched off after that at 1:40

a little knowledge of everything economics is also dangerous. It's very easy to sit there and talk on top of your jead.

mate! australians do not vote for the pm.. GET FACTS RIGHT

OZ IS A STUPID NATION! WHITLAM showed the way for OZ by creating a new MARKET. SO what do we do? antagonise CHINA

Your research is fairly good, but you got a few things wrong. 1. Inflation is caused by printing fiat currencies to infinity - refer to G. Edward Griffin 'The Creature From Jekyll Island'. 2. The fault of the real estate boom belongs to the banks, not rent seekers. See the Banking Royal Commission - lending to people who couldn't afford to pay and for manufacturing the 'wealth effect'. 3. Chinese buyers of real estate was a currency flight from China looking for hard assets. 4. Investing in businesses (unless they are Bear businesses) is very risky in the current environment. 5. The reason it is so hard to set up a business these days is because of the uncertain legal environment in Australia, and globalisation, which means the laws here are designed to send businesses overseas. 6. It's hard to buy property because wages are flat and are not keeping up with inflation which is again caused by the banks. 7. Saving for retirement forces people to look for yield in property because the interest rates offered by the banks are lower than inflation. I could go on but this will do for now. Basically its the banks that are the real culprits, not rent seekers.

There's a law in Australia that allows the government to buy your gold for any price they choose in times of crisis.

I care about this country as much as the locals do. Moved to Aus back in 1994, educated and worked here, tax payer for a good 15 yrs. Owned my house with hard work and a good money management strategy and didn't follow suit with the masses in the real estate speculation knowing that it will correct at some stage. But look around you see all the FOMO buyers persuaded to join the herds by their accountant, realtors or even their families and friends. Often than not Chinese buyers park their money here in Aus on the properties hoping to get a good gain, but i don't think majority of them paid in full for those unit and houses, it's the banks that handed out the money. There are way to many stimulus (1st home buyers grant, free stamp duty, low interest rate, negative gearing, capital gain tax etc) from the government over the yrs to keep the property markets from falling with taxpayers money simply because we have no economic diversity to fall back on other than raw material export and real estate. Like you mentioned all our money are locked in non productive assets and less are invested in technology, business, infrastructures etc that will keep the economy going strong in the long run, but we are seeing non of these happening. Hate to admit it but Aus are slipping down the rank compared to other developed countries. Imagine what a high speed train could do to help the country, ppl could live in the affordable regional areas and still make it to the metro for their jobs, have some spare cash saved for some retail spending and holidays instead of save every penny for the mortgage repayments. I truly hope for a change soon or may be only a meltdown will make the masses see the truth.

ENJOYED YOUR THOUGHTS, but isnt the real problem the FRAUDULENT FIAT ROTHCHILD BANKING systom where a doller is debt not astore of value untill this changes [gold backed] and gennie oil is stopped from starting WW3 ,YOU are not going to be able to have a decent future

I laughed out loud "dummy rent-seekers". The world over (except Asia), you nailed it there!

Indonesians kill animals with sledge hammers and eat them ...they are devils ...meat eating devils

australia is leading the way in computing eg QAUNTUM and medicine , yes it does have the really large disadvantage of probally the best reserve of minerals in the world but you are right it does have economic problems HOUSING

silver

Maybe not 20 years ago because properties were still expensive then look back early nineties then property was affordable. Stupid governments are the cause of the demise of this country in favour of cheap imports and too much red tape to setup any sort of business here.

Marilyn Muscat depend on how much money you have, everyone wanna have a lamborghini, end up you still driving your 20 years old corrolla

Same in the UK with housing. My parents generation have done very well out of property, easily got mortgages, saw their wages shoot up, were earning 50-100% of the value of their house within 20 years of buying, were mortgage free at 50, inherited their parents house, retired, bought a 2nd or 3rd home to rent out, in-turn increasing house prices. Financial Crisis of 2008 results to low interest rates and increased house prices too. House prices rise at 7% per year for 10 years.......many millennials who are trying to save for a property at at a lost cause, saving money at this rate, with low interest rates, means, at best, that many young people can only save at that rate house prices are increasing at. Time for a collapse in house prices, please! Way overvalued.

I left Oz back in 97 and i cant believe how they have ruined a once mighty nation.

We can fix this, if we work together

+Dave Lee I totally agree with you re NZ defence budget. we don't spend nearly enough.its frustrating but I have no involvement in this direction.our biggest mistake was getting rid of our air strike force.

Unless we cut immigration. No welfare unless you were born here, prepare our Navy to defend our maritime trade, put pressure on nz to increase their military spending n stop relying on us, make sure Indonesia will pay a huge price if our trade is threatened, prisons should be creating products to subsidize the cost, block wechat and any Chinese social media, bring back patriotic schooling, lock up anyone who works against AU like Sam Dastyari, enforce one language, if someone got into AU by marriage, if they divorce, they go back to their country. Gee the list goes on. But you get picture

+Manu Datta Ad Hominem attacks. I stand by my belief that Indonesia "could" blockade Australia. Even a written agreement cannot change the fact that what I said is possible.

get educated..Australia was willing participant in all war of aggressions in middleast and part of 5 sisters gang....you cannot fool anyone and btw wasn't it till 70s you guys had aborigines listed under flora and fauna..history starts in 2015 ? ..amazing you have gall to teach indonesia or any other country about human rights..and i am not indonesian

+Manu Datta You are confusing America and Australia. Close tho

yeah like bombing iraq with "sexed" up dossiers ..destroying Libya..so 100 years back..everyone is afraid of you anglo-saxon blood thirsty 5 sisters gang and you are doing drama here of ooohh being afraid of indonesia ....like usa is afraid of iraq? ..indonesia who is not even a nuclear power will attack Australia for sure ..be very afraid..drama queens

+Dave Lee Disappointing that you only know the bogans and sex tourists. You really scrap the barrel / stoop by relying on base gutter refference suggesting "most" fellow aussies travelling or living in Indonesia are drunkards or offenders. Anyhow Dave back to your aussie economy. I watched it and commented, i guess thats why you posted it ? To get response/feedback/opinions? No need to be too sensative.

Oh and wearing a bintang T-shirt doesn't make you worldly. Every uneducated bogan I know wears one. And most of them are sex tourists.

I've traveled the world, started out in a housing commission with a single mother who bounced from man to man, this is why I understand geopolitics. I've got money and am no fool, just care about my country, although most Fools don't care about Australia anymore. I'm in the Oxford UK genius, perhaps you should at least look at my channel. Now, you lived in Indonesia hey? divorced and moved there for the young poon hey? Well imagine what a middle aged Indonesian man thinks when he sees old white men nailing young Indo girls... He might hold a grudge? Or you dumb enough to think he is OK with it... We they are not and they would love to put some of these sex tourist bules in graves. Wake up for god's sake. If I was an Indonesian man, hell I'd be planning revenge too

You've been to China right? Me too, many times. We cannot compete with China in anything. Please, help me spread the word. If people won't listen to you, send them some of my video's. We can still change this and save Australia I believe.2034 is the cut off tho

So True! We were sold out to the globalists a long time ago : https://www.australianconservativecoalition.com/the-lima-declaration

It is FDIC secured up to 250K anything above that you are too rich for your own good.

The point of no return has already passed. The depression is locked in.

'Best investments; your own education, living frugally while saving your cash' Yes! Well said! This is exactly what I'm doing! I live in Aus, but regularly travel to Philippines for work.

Chris i do not give financial advice, i would suggest doing your own study & research which by the looks of it you are more than capable of doing. You have alot of good options with those assets thou for sure, Looking deeper into the GFC scam & the court cases in iceland & reading the court doc & all the correspondence from the central banks was very interesting for myself. I think its like any industry you really want to look at the most successful people in whatever industry & pay very close attention to what they are doing with their funds, not so much what they say But what they are actually doing with their own personal wealth etc In this day & age, listening to as many varied sources as you can is always a good thing & then using your own critical thinking to make your own educated decisions is vital. Its a sad fact that most financial planners have their own agenda depending upon who employs them & what products they make the most % from, Not what is best for the so called customer. sad but true. All the best Chris

Greg Raynor In your opinion what do you believe to be the safest bet in regards to safeguarding ones self from the approaching storm? I own 5 properties. 2 in metropolitan Perth, 5 mins from the CBD. One 1000sqm block with 4 units in rural WA near a goldmine. One 50 acre block with house etc near same goldmine and one 30 acre block with house near Bunbury WA.. Perth ones are paid off. Do I sell some and invest in gold/silver?

+jim pratchen jim old boy, put down the Herald Sun and come back to reality

Chris Pike  wow , really great reply, did you think it all up by yourself or did your mum give help? Please explain Mr Vacuous- what the geopolitical landscape is and how it relates. Please explain what YOUR argument is today. What I am expecting in reply is an expletive laden personal attack on me. So I await your reply.

Jim it seems you’re not up-to-date with the geopolitical landscape we’re currently in.. Your views would have made for a good argument 15-20 years ago..

Venezuela is not a third world country? It is suffering under US sanctions and destabilization for not giving up its massive oil deposits to predatory US and Israeli Zionists. Left alone Venezuela would have one of the highest standards of living in the world as Libya once had before The USA, Israel, UK, and France attacked and destroyed the country, murdered its democratically elected leader and turned it into a failed state because it wouldnt hand over its oil to the Zionists.

I don't think Australia have crude oil . Research which nations "import more oil" most and which nations export oil before making nonsense comment. China build infrastructures (tangible trade) USA kills and bomb.

"Human right"? Which nations is killing others under the false flag 9/11 inside job "terrorist attack"? And exactly how is there no censorship in "Western nations"? Did you guys heard about "bailin bills" or did you voted for it? Why u have a "government"(bunch of puppets for private banking criminals) if you are "free"? You the biggest DEBT SLAVE morons in the world (ranked 2nd in private debts) . Free your asses from that moron. China can censor USA or "Western nations" bias shit dumb news because they can....they can make search engines, 5G, mobile network, super computers and nations like u CAN"T and dictated by USA and being spied on everytime …..SUCK ON THAT .

Lee Turner human rights, your big brother america just quit the union

good economy or not food always sells

I enjoyed your video, but have to strongly disagree with your statement that Ausis have never invented anything.... Do you think that the Kangaroo just invented itself?! Come on.... give credit where credit is due.

The main reasons many big businesses doesn’t want to come to Australia is the isolation,we are to far away from Europe and shipments and freight are going to cost more,worst,they cannot sells much because we have too few people,peoples mostly lives pay checks after pay checks,most are deep in debts because they are not taught in school on how to manages money,no savings in their cultures,so ,creative Australian goes overseas,Ralph Sarrich,Poppy Girls.Australia needs 500 millions peoples to operate well,big pond with few fishes hopeless.

"Out of the mouth of babes!"

Winning!!

australia total greed and materialism is the creed.

Stop selling agricultural lands to the chinese. China plans to use Australia as the food supplier for them as they run out of agricultural lands. No foreigners are allowed to buy agricultural lands in China. As for Indonesia, investing in Indonesia is quite risky as the radical muslims are gaining power and influence steadily. Already, there are signs of creeping islamisation of Indonesia. The current President Joko Widodo is a reformist but he is surrounded by corrupt politicians.

In the event of economic crisis, the first things the Australian government will do are: 1. confiscating depositors money from the banks in order to recapitalize the banking system, ie. the bail-in law which was quietly enacted in Feb 2018. 2. raise taxes, at least double the current (already high) tax rates to fill up the government coffer.

My money and I left australia

you don't even have time to make the video and why wouldn't any one support you...

you have a lot of good points, I cant find anything on actual threat of pirates and I have to admit I find it hard to believe in this day and age, also considering australia has a pretty strong navy, especially in comparison to pirates xD also bro just gotta add, theres still quite a few aussie innovators, consider Atlassian, Halfbrick, Hipster whale, to name a few, I know this isnt most of the economy, and I absolutely agree that we are in trouble, especially when the average person wants to get ahead by buying more properties(even negatively geared), just playing devils advocate :P

Am expat here in Philippines.... good ROI here and got different business projects....let me know if you want some insights

OMG......what an informative video ......you realise what l have believed for some time...Australia is totally screwed.....run buy illegal socialist politicians ....your money in the bank is NOT yours and the government can take it.......fucking socialist out of control WAKE UP AUSTRALIA

Thanks for the video mate. First time I have listen to you. I am twice your age, lost everything and starting again. Not easy as I have no time to catch up. One thing I have observed as an older man compared to some people almost half my age. Younger people appear to spend their funds on new cars and an expensive lifestyle as opposed to the baby boomer. They want it NOW. But I have always been against negative gearing on housing, as it has only really served the Government Treasury. Australians have often been treated like cattle into one tax haven while our tax system has never encouraged small business or smart people. And it never will.

The parasites comment wasn't directed at people like you. It was more for people with 3+ properties who increase rent every 12 months. Also I'm not going to pretend to have all the answers. All I know is that something needs to be done now

Good work, thanks.

YOUR A JACKASS . Get off your lazy pathetic ass and put some real effort in like the people used to do in the old days . I used to work 12 hours a day 7 days a week, that’s why I own a house. Your nothing more than a whiny , lazy assed little maggot who wants everything handed to him on a plate and do f. All to deserve it . I’m hearing a lot of “ I THINK “ coming out of your dumb mouth but the truth is you’ve got no real idea . Got to the end and just as I suspected the good old patreon account and the please donate line . YOUR JUST PATHETIC, I never heard you talk about real work once it was all about where to put your money to make more money without having to do any work . THE REAL PROBLEM WITH AUSTRALIA IS ALL THE LAZY , PATHETIC , CRYBABY LOSERS BORN AFTER 1985 . You couldn’t handle it when you got pulled off of your mummies tit and had to go out into the real world and pay your own way . F- - - all of you know how to do a real days work . YOUR ABSOLUTELY PATHETIC AND SO IS ANYONE STUPID ENOUGH TO GIVE YOU MONEY .

Turnbull invested 1 trillion of Superannuation money into US infrastructure??? what are you banging on about. The whole system only adds up to 3.5. The Future Fund only has 100 billion total. where are you getting these statistics from.

This one says 2 trillion https://www.cnbc.com/2018/02/22/australian-prime-minister-turnbull-trade-infrastructure-pitch-for-trump.html I do my own research before making these videos. You are in good hands. I care about Australia's future and the last thing I would want to do is lie. I leave the lies to politicians and the corrupt Australian media

The article actually said 2.5 trillion. All research links in the description. As I said in the video

Dash digital cash mate, obtain from inflationary currency all together! Dash is well on the way to become the primary currency in Venezuela due to the hyperinflation there.

been putting my savings into gold for the last year, its the only safe investment atm

Great video. Yes, Australia has gone down the tubes. Ever since GST was introduced it has been a downhill run. And yes, the place is full of dummies, just greedy self centered, head in the sand dummies. I have to laugh when I mention some of these problems to people and they just dismiss it like there is nothing wong, I mean wrong.

I look at Australia plenty of opportunity & resources, but she fail to make used of it to create value and economic activities. Most people are lazy and demand high income but refuse to contribute. Butter do more and talk less.

Smart people create new techniques to fulfil human needs. For example industrial TN 4.0 with combination of AI, Cognitive Computing System and Logistic Purchase & Supply System.

"Australian politicians/econo-in-the-mists are spoiled little shits" is putting it mildly.

After getting my bachelor's and master's degree in architecture in Australia, right after the bursting of the great property bubble in the US back in 2007-2009. Since then US, EU and Japan (so is most other countries around the world) started QE-Quantitative Easing(which inflated stocks and reflated real estate prices). As my profession has already been in the building industry, and being self-educated in property investing, banking and finance. I realized something very wrong with the Australian property market, as prices have gone thru the roof for the pass decade. The funny thing was the housing mortgage policies (any medium to low income person can loan up to 5 properties simultaneously) and government regulations for income tax deduction for property investments (A.K.A negative gearing). Most people will definitely think this is just wonderful, anyone could literally own a few houses (sometimes no money down)(withdrawing equity from existing property to finance the next property investment). But early on I felt something very fishy about this part which is, if almost anyone who has a job (regardless of your actual annual income) can own up to 5 real estate properties, if so, who are those people left to rent those properties to earn you rental income? (Ratio between home owners and renters are out of balance! OR simple demand and supply ?) Exactly why "property investors" have been struggling to find renters. Back in 2016, when global central bankers started QT-Quantitative Tightening and rising interest rates. I predicted that the Australian property prices will start to fall by 2018 (falling as we speak) especially in many parts of Sydney and Melbourne. This is just a repeat of the property collapse of the US back in 2006. Now the fun part, maybe most people can afford these irrational property investment ventures at close to 0-1% interest rate, what happens when interest rate increase to say 3-5%? when property prices dropped by say 30%, but your housing debt stayed the same? A source I ran into just recently saying that the contribution of housing loans to Australian GDP takes up about 40% (conservatively), if the housing market crashed in Australia, equals 40% of GDP wiped out, if GDP is reduced by 40% means in general all income producing business activities in Australia reduced by 40%. Interests to be repaid to the banks increased by say 3 times. In conclusion, everyone who takes out of a housing loan not capable of repaying them will make you financially insolvent literally OR prepare to be a perpetual debt slave to the banking system. Most well "educated" and professionally trained people do not see the bigger picture at play here, its all a scheme to trick you into getting something "free" today and pay 5 times the price tomorrow. Most people are borrowing the future money earned and spent it all today method does not work at all. My opinion is stay educated financially, think outside of the box, ignore the smog and mirrors, think common sense, see the bigger picture. Better yet change your mindset, nothing is free in this world, if its free it must have some trick up its sleeve. Do not be deceived by these "financial" or "investment" products, they are all designed specifically to steal your true wealth.

New Zealand is ok----we got a Rock Star Economy!!!!! yay!!!!!

I'm so glad I got out of Sydney. Fuk Australian. 40% of Australians have little or no REMEFISL EDUCATION....encyclopeadia brittanica.

Look at the housing market before we became a central bank in 1960 it was going backwards since 1880 and that meant money was spent elsewhere we actually made our own stuff because we didn’t have this overinflated housing market and our personal wealth was not leveraged to the hilt to pay for a home or electricity

The moment Australia started to kill local production, the beginning of the end became a reality. This is the biggest issue.

Trump will save Australia!!!

I love Bitconnnnnnnnnnnnnnect!

Don’t buy any property in an Islamic country. You will be buying a lease in Indonesia and eventually you will have to sell it back.

I'm buying as much crypto as possible while still paying my bills and living expenses. When the shit hits the fan I'm leaving Australia is done bro.

Ships, Ships not boats.

Reason no 1 - Too many Muslim immigrants and no go zones.

if you want a definite $ boom then buy some crypto. People have been claiming the Australian economy is about to bust for decades. It goes through cycles the same as anything. Right now house prices are overpriced and there will be a correction. Australia is two basic things, a farm and a quarry and always will be unless there is dramatic macro economic and cultural reform

Reduce tax for companys that employ 1000 or more Australians. Keating may be right. We will be the white trash in Asia. Banana republic. These idiots think the American Zionist will come to aid a banana republic.

True dummies that kow tau to the American Zionist.

So a friend of my enemy is my enemy. Since Australia is a friend of the US, it's no problem to ask US to buy your resources, yes or no? If no, Australia should consider realigning with Asia. USA is going isolationist, US first. Look at their changing relationship with Canada, which is a North America version of Australia, and was considered their closest ally. Trump discard the NAFTA agreement and is going to hang Canada to dry; he claims Canada has been taking advantage of the US with the NAFTA agreement and he won't stand for it anymore. Consider Australia has been warned. The way you describe Australia, which sounds the way foreigners thinks about your country, is that you're farmers and natural resource diggers.

Number one rule : No country has permanent friends or families. Each country,only has permanent interests of its own. The US will only protect Australia if it's in the USA's interests. Now.... I cannot think of any reason for a declining USA to do anything for Australia. In fact, it looks like the US only wants to take from Australia at the moment. tpp cancelled, taking our super, using us as a test case, the list goes on. Trump didn't even visit Australia. We are on our own and China knows it.

Support yourself buy Perth gold and silver, you won't need patrion if you stack right.

Global economic collapse does not need to happen. It's all being manipulated and controlled by design.

If I was as rich as some of them. I would want to collapse Australia too. Then swoop in to buy some bargains. The best way to look at things, is try imagine what you would do in their situation.

New Zealand is further up the creek than you Aussies.

There is something you have missed - 2/3s of property rent goes back to the Govt in various taxes - rates, water service charges, land tax, etc.  The people you suggest are "rich" don't have money to start companies either - they are being "bled dry" as well, and are just working as unpaid tax collectors.

I've been looking closely at this problem. If we have more banks. Smaller banks, they will only lend to value creation within the economy because they need to be repaid, this will add the GDP. In turn, making every community more aware of how to create value.

Good vid....but step back even more.......Crypto will be the answer....not so much Bitcoin but the infrastructure of Crypto Assets / Smart Contracts......and any Blockchain Tech that will DISRUPT the current centralisation gig. LINK GVT ENG WAX ELA VET. Fiat is going to wobble like hell in late 2019....Fiat devalues EVERY day.

I was offered a just as a crypto trader. Yes I went deep in the crypto world briefly. Blockchain has a bright future but I feel that the current existing cryptos may become illegal to use. Invest in perhaps gold or silver.

hi im in the uk and over the last week iv had letters from my banks asking how im going to pay my mortgage off in fifteen years and also my credit card has been pestering me to pay off more and more and so on it seems to be true there panicing big time thanks for advice crypto currancy seems to be good to invest in to right now as it very low to buy into

Dave Lee to be honest I want out as we will have more control over who comes in at are borders as have you tried to see a doctor of recent and have you not seen the all these buildings going up to house them iv worked hard all my life for them to give it away of recent iv been under attack in this matter as an enemy of the state as I put a post on Facebook and it said : support Tommy Robinson as the future of are children depend on it what I went through after this was frightening to say the least I sampled what Tommy has been through so I’d look into that look up Tommy Robinson arrest 2018 at Leeds watch this and more and tell me his arrest was fair it wasn’t and he was sentenced to jail within five hours he was in jail he is now out after two months of hell get back to me once you look in to this please I see you are proud of are flag so am I also check out Lauren southern on the matter she got banned from uk for having an opinion this country is messed up when you can’t talk about anything important

+rotors r russ fpv Capital flight can cause serious damage to a country tho. Plus when a country is in debt, they often print money which decreases the value of their currency. Then foreign investors require higher returns to incentivize the risk which compounds the problem. Imagine an angry public discovering that capital flight was happening through cryptos. Jeez, I'd hate to be holding some at that point. Are you for Brexit or against it and why?

the secound they do that it will rocket tooo the moon abit like when they banned alcohol in the proabition era lol thing is your not a presedent so bad luck geeza lol britton cant even deal with brexit let alone deal with crypto

I was a speculator in cryptos last year. A trading firm offered me a job to trade "speculate". But I don't think the existing cryptos will survive. They might become illegal to use. This is what I would do if I was president and wanted to prevent capital flight from my country.

Pirates take on Aussie trade route... Singapore entirely pro-China.... You talk as if there's no other country than China in the world. If the US decides to screw China, they can simply blockade Melacca Straight. In one night, China will be a history, kid.

"China is so powerful, far more powerful than the US right now" You lost it there. China needs another 30 years to catch up US. Economically, you will not see a 20k USD Per Capita Chinese economy in your life. That's not gonna happen, search for "the middle income trap". You need democracy to avoid this and that is not gonna happen in China unless the CCP is overthrown in a revolution. Militarily, China need 50 years to catch up what the Yankees have today. Listen kid, if China starts a war with anyone, the first enemy of it will be the parents of those dead Chinese soldiers. Because of the one child policy, every military casualty means wiping off a family name in China. Do more research and learn before making stupid videos, kid.

Wish I was as positive as you. After watching fox news I always relax a little. The problem is, I'm no dummy and the simple math doesn't add up. China is so powerful, far more powerful than the US right now. I could be wrong, but when people thought China was poor, I went there and came back telling people it's rich. People didn't listen then ,so I don't expect them to listen now. I believe China will start wars soon and millions of people will die. In the end, China will win.

Your comment on Trump was absolutely ridiculous. Bush and Obama were asleep at the wheel. US tariffs are WORKING.

I sincerely hope America collapses China Tonka. But I don't think America has any power anymore, this was a defensive move not an offensive move. China is on the offence and winning at every point. When people start to see China's real power, they will become angry. They will want war. They will blame everything. I'm no dummy, China seems to be the most powerful country on Earth now and has been for 50 years. Sorry, the main stream media has lied to you

Manufacturing in Indonesia is cheaper than in China. YOU ARE A CHINESE BOT.

The consensus is that Indonesia will become a huge economy. Academics from all over the world predict this Tonka.

There is NOTHING we can do to stop Chinese from investing in Africa. But we CAN put tariffs on chinese products and begin manufacturing again.

I love your confidence but the numbers don't add up Tonka. We are on the same side Tonka but I'm no dummy. China is far more powerful than anyone knows

Don't sell your land to the chinese. Do not even do business with them. Not until the communists are gone. They don't like us.

Why can’t we own our resources

Remember empathy my bro, It is a hard earnt lesson we are all required to pass.....

Most smart Aussies have left the country and are working in Asia, I'm an Aussie living and working in Hong Kong. But look on the bright side, good weather, sunny beaches, strayia is a good playground to Asia's wealthy and middle class. Direct some spare investment cash towards tourism and related services.

Don't fear porn. China is looking for new suppliers - but will not abstain from the present steady suppliers.

Invest in Gold and Silver. Stocks to buy would be in the field of Artificial Intelligence and Robotics.

Because they have gone full libtard. We love the Aussies but they must stand up and fight against political correctness and libtardism.

What are your thoughts on crypto currency as banks are the culprits ?

Firstly - Australia exports up to 70% of its food and has the capacity to increase production Secondly- Australia is an export based economy so as the dollar drops the more we sell and the stronger our economy gets Thirdly- if the dollar drops then our iron ore becomes cheaper which means that China will continue to buy our iron ore. So that would mean your theory that Australia’s iron ore industry is going to collapse is WRONG !!

adrienne nonami Australia uses less than half of the food it produces the rest is exported, so where not going to go hungry Food exports make up less than ten percent of our GDP so where not going to go broke . We do in fact have many desalination plants and aren’t going to run out of water And then there’s lake argyle in the Kimberly region , enough water and arable land to produce food for a hundred million people . So thanks for your concern, but it would appear that you have got your facts all fucked up and nothing you have said even makes sense

When the buying stops, the supply will too eventually.

I disagree with you. China is going to go under.

James Elkins I believe signing the Lima Declaration was the downfall of Aust, along with the Rothschild Cabal. Our politicians havent called the shots for so many years. Our primary industries became unviable one by one, falling by the wayside. Ow we can’t even feed ourselves.

If they can take your supper . Where do we invest than

Australians do not like innovation or the creative people they see them as enemies of Australia.

Kill yourself

forieners brought into work.8.4 tons of meth for the kids.no training for real australian kids .indians flooding in .

So Fraud should be considered as a form of ingenuity???

We used to refine our own oil 20 Years ago. We didn't need to 'learn it' we were already doing it.

Africa- it has not yet cleaned up its corruption. China sends in its own people to work there.....

GCR crypto coin is pinned to a gram of gold , have a look at TREOS project , New market place , white paper out in days

so almost all major countries subside their Car manufacturing but the LNP stopped this and replaced it with Nothing .Suicide rates soar under LNP

Makes a Lots of Sense Australia owes So Much Money it is Insane.

He starts by saying he doesn't have time to make this video followed by you are you all doomed, followed by give me money on patreon !!!! All in less than a minute from the start. Really?

Glass Steagal act was passed to successfully prevent the merging of investment banks, commercial banks and it's customers deposits and Insurance companies.

Australia is run by the sneaky over the uneducated It is not a place for any one with real intelligence .

How much gold would you suggest buying? And why not also invest in silver.

One thing that scares me about how our political parties are running the country is that it wont belong and they will say they own our superannuation and use it to pay for their financial mismanagement. Superannuation laws are constantly changing in away that the government has more control over our money???

I believe producing finished goods and manufacturing industries are backbone of any economy. Do you think the higher pay rate in Australia is making it difficult to invest in manufacturing industries?

Many Australians have. " invented " lots of amazing game changers.. Unfortunately .. Australians had to go off shore for investment to get anything off the ground .. Most inventors found it very difficult.. And ended up selling off their ideas for peanuts .. No govt. support or investment.

Because property is seen as a safer investment. Whereas we need to fail in business to succeed. Smaller banks need to be set up to help small businesses

This kid sounds like a communist? I reckon he should move to China and take some GOLD or Malaysia or Indonesia and convert to Islam

+Dave Lee I was joking when i said you were probably a communist but you were putting down Australia and Australian's down early in your video. Your obviously have an interest in geopolitics and financial markets, I am not expert myself but I think your way off on property .I remember several years ago when so called experts were telling everyone to get out of property market in Australia and put it into Superannuations just before to GFC and looked what happened. Remember also that as property prices were increasing as the AUD has been falling,so in real terms AUD@ 70cents. 1 million in property is 700K USD from pre 2012 when we had 1 for 1 parity. So is property really overpriced, has the market crashed? I dont think so.. I will say price and value need to be applied with property. I think cheap property may be overpriced where as a 1 2 5 10 million dollar property could be a bargain,its subjective really.

I'm one of the few patriotic Australians left. Not apologizing for that. And in case you didn't realise, the Australian economy is quite communist already. State saves the banks in 2008, how very communist of us. Milton Friedman would have allowed them all to fail. That's the capitalist way. Also, did you vote for Scott Morrison? because I didn't, hmm what's the definition of communism again? You probably see the west a little differently now hey.

https://larouchepac.com/20180905/america-cant-compete-chinas-belt-and-road-work-it-new-economic-order What Wall Street would like to call the "emerging markets currency crisis" intensified today and is headed for contagion into the huge global corporate debt bubble; serious trouble is directly ahead. And the nation in the worst crisis, Argentina, is the nation whose government, over the past two years, has carried out the free trade policies of London and Wall Street religiously, sending its economy into hyperinflationary collapse. A global debt crash is looming. At the same time, with agreements of the Sept. 3-4 China-Africa conference in Beijing, China's Belt and Road Initiative (BRI) has become clearly unstoppable. Even as countries in Ibero-America continued in recent days to join the development paradigm of the Belt and Road as a "world land-bridge" of infrastructure, China and Africa merged the BRI with the continent's most ambitious long-range industrial development and poverty-reduction goals, those of the African Union's "Agenda 2063." Optimism for Africa's future "China-like" development was radiating from the 52 heads of state — all but a few on the entire continent — who participated. And as Schiller Institute President Helga Zepp-LaRouche said today, "history will see this conference as the official end of 500 years of colonialism," and 50 years of IMF anti-progress conditionalities. "Africa will be a world economic powerhouse by 2063." Already, poverty, Africa's changeless burden through the colonial centuries, has been reduced by 10% since China became the continent's main trading partner and development investor. If one still believes the well-known fable that "China's Belt and Road is hitting roadblocks," one probably also believes that London and Wall Street have the so-called "currency crisis" under control. They don't, as many economists and even one JP Morgan analyst were warning through the media today. The choice between the two economic paradigms, between "free trade" on one hand, and credit for infrastructure, industrial progress and technological breakthroughs on the other, is clear. Trump Administration officials want to compete with China in fostering industrial development in Africa, Asia, and Ibero-America, by a new USAID Development Bank capitalized with $60 billion, under a new "BUILD Act" the White House has been pushing through Congress. This will not "compete" effectively with the Belt and Road, now the world landbridge, in either infrastructure development, new scientific and technological breakthroughs, or reduction of poverty. How much better would it be, to use such initiatives to cooperate with China on the entire new paradigm! Cooperation could begin with spectacular effect in Central America and Mexico, as well as in Africa, as Texas Congressional candidate Kesha Rogers has proposed. Rogers, running against Rep. Al "the impeacher" Green, is also confronting an African-American constituency with the great optimism of African leaders who are working with China. The United States can't "compete" with the Belt and Road; but it can cooperate with it, and help take it to a higher level. That is why the Schiller Institute is mobilizing an international petition, for four crucial powers — the United States, China, Russia, and India — to form a new international credit system on the model of the 1945-65 Bretton Woods system of President Franklin Roosevelt. Restore its features — Glass-Steagall bank separation, stable currency exchange rates, capital controls, and above all replacing unrestricted global speculation with credit for infrastructure development and capital goods investment — and the looming financial crisis can be stopped. Rapid economic development like that of the 1945-65 period could take off instead.

#officalENDofColonialism HIP HIP HOORAY for #BeltRoad & #agenda2063 https://larouchepac.com/20180905/america-cant-compete-chinas-belt-and-road-work-it-new-economic-order BYE BYE EVIL EMPERORS nihilists We don’t want kings anymore. We don’t want your low consciousness warrior sports, or your Hollywood propaganda. We don’t want to worship athletes or movie stars or politicians, and we certainly don’t want to send our precious sons daughters husbands and wives to fight your senseless wars of conquest. But the 1% elites who benefit from all this don’t like our newfound attitudes and higher consciousness one single bit. The erosion of their world is now in rapid decline. So they’re doing what psychopaths do, they’re projecting. They’re gas lighting us like mad. It’s their hair that’s on fire and they’re throwing water on us! They’re doubling down when reasonable people would walk away, setting new records for athlete’s salaries despite the lowest ratings projections EVER for the coming season. They keep upping the budgets more and more and continuing to leverage the farm on one tentpole action movie after another, despite that like 4 people are going to see them.

“Not a very smart country” yet Australia holds the record for the longest number of quarters with no recession. Yeh I guess it’s just by accident.

Digging holes and sending resources to China. As China reduced it's demand for resources, our GDP dropped and continues to drop.

Glass Steagall can CRIPPLE the British Empire! https://m.youtube.com/watch?v=oq2kaYFFq9Y

Australia’s economy may take wrong turn but now it is right back on track. Communist china party will collapse soon.

Please let you be correct. Whenever I feel down and depressed from looking sat real facts. I watch Fox News, then I feel so much better. Until the reality of the world hits again

Smart young Australian with his finger on the pulse. Political and economic knowledge is liberating. Keep it up Dave.

We can turn this around. But time is running out

There's a lot of signs that china's economy is shaky, such as their declining stock market - it was recently overtaken in market cap by japans stock market - and the ghost cities china's built that are completely unoccupied. I also think China's ability to project hard military power abroad is choked by Taiwan - which is essentially an unsinkable US Aircraft Power. I wont be concerned about China militarily until they invade Taiwan. I think the US Stock market is worth investing in if you are prepared to wait out the next market correction - so if youre prepared to hold an investment in US Stocks for at least 5 to 10 years, i think its probably the safest investment. TL;DR I think Chinas strength is greatly inflated and America is still the best bet in town.

The problem is that China wants you to think they are weak. So we are pacified. That's when they strike. Simple eastern military philosophy. Sun Tzu and many other warring states strategies are being studied today in China.

The wealth will flock too Bitcoin as a safe haven

BTC!

The best in the world....THAILAND

If you get that canal to work, then your economy will grow.

Great informative video dave..............left 1 year ago

Because australia is a commie country.

So much government control here, we get taxed rediculous amounts to basically fund a beaurocracy. Ive been speaking online to a person in china for almost a year. They seem to have less government control in china compared to us aussies especially economy wise it seems. We were just recently talking about online business and selling stuff on ebay. I said its not worth it and sent a copy of the aussie regulations to sell things on ebay, they were really suprised at all the hurdles that one has to jump through for something like ebay. This person is mostly involved in sales and asked me why most aussies that want to order off them say can you wait a few weeks. I said not many people have money saved away and most of us live from pay to pay. They were shocked by this. Then we went into the cost of living in Australia, another shock for them. Its a scary thought that china is a more free country then australia and its citizens are mostly self reliant, in australia most people a sucked into being reliant on our govt and this takes away our freedoms.

Well spotted sir. Most people don't know the definition of communist. I'm glad you do

While Australia's economy is running into collapse the bloody liberals fight each other instead of representing the country

China is in fact behind all the leadership changes. Every leader that annoys Beijing gets replaced. That's the real pattern here.

Your goose mate Australia is a great big mine an never collapse we need to process our own minerals

Indonesia has no resources so I don't think I will place any money there, it has become a filthy place to visit a friend of mine just come back from there a week early because she got sick, muslims have taken over and not the same place it was.

Indonesia is and always been muslim since it was formed 73 years ago.

Dave Lee - You obviously have not do your research, Australia has invented many things owe radar is what America military uses lead the world in weather management and use it to cause drought and floods, we invented the electric firing Gatling gun, they developed the most advanced computer systems, and built the MRI ex-ray technology and many other things, we also have many scientist that work abroad for higher pay, I have seen two man made anti gravity craft built and flown in Australia back in the 80ty's so you could imagine what else they have, and silver is what they say will go up in value predicting up to 300% or more.

You will be surprised of the technology the Australian military has, but I know they want to turn Australia into a nuclear waist dump, owe government are coward scum and don't give a shit about its people look how they left Julian Assange to rot and labeled him a traitor when it them that are traitors, people are nothing but a commodity.

Julian Assange exposed a conversation between Rudd and Clinton which is a huge problem even today for Australia. He is a traitor in my opinion.

Lol this video is a bit absurd. I mean yes Australia will see a decrease in living standards but saying that Australia will end up the same as the Phillipines is just complete horseshit and I doubt you’ve ever seen how the average Filipino lives.

Well we'll end up like Venezuela.

Great video and I agree with most of its content. May I suggest that the banks, stupid federal government policies and then rent seekers are the main reason for our housing crisis at the moment and in that order. I would also put forward the view that Argentina could be a preview of our economic situation in just a few years. Firstly, they have a currency which is worth very little, secondly, they have enormously high interest-rate‘s and finally, they have a crippling drought, sound familiar? We also must factor drought and other weather related difficulties in the discussion about our economy. We appear to be entering a grand solar minimum at the moment and history has taught us that these events always cause massive problems with the weather and therefore huge difficulties in agriculture and grazing industries. Whether we like it or not, these industries are still very important in this country and their collapse will only speed our economic nosedive!

Time for aussies to take back Australia

Taking guns away

It was planned to suppess

Chinese troops to be seen on Australian Soil.........and what's so strange about that but the number that I was shown was just staggering!!!!.........how many??? and then I found out about the International laws that allow one country to send troops to another Country without actually having a war........how many?? Just staggering!!!

Mother Shipton Prophecies appear to agree with you about China and Russia being triumphant in coming war.......so you mentioned gold being great investment but Silver was being bought far more abundantly and also has Medical properties of being a WATER PURIFIER and antigermicidal.......something to consider AS epidemics will be raging in our future after an apocalyptic war.......and that event where it is described as being worse than leprosy.

Did this bozo presenter just say Australia has not invented anything? Try this https://www.google.com.au/search?q=australian+inventions&oq=australian+inventions&aqs=chrome.0.0l6.7368j0j8&sourceid=chrome&ie=UTF-8 To name a few- WIFI , yes dude wifi! The flight recorder, polymer bank notes,spray on skin etc. Chinese inventions- nothing since , wait for it------------movable printing 960 -1279 AD , so say740 years. Try using facts instead of millennial mantras. This millennial thinks working 7 days a week is new and the previous generations worked M/F??? Did he really say that? I worked 7 days a week for 16 years.Hundreds of thousands did. What a superficial little millennial.

Everyone else reading this today here is your reward..................ELEMENT U is the new Australian GOLD RUSH happening right NOW!!!!! you deserve this Dave.......Money Morning Greg Canavah and your free report from Port Phillip Publishing..........go to it people!!! The people win...........waiting to happen....

2008 all over again.

THANKS DAVE .............SADLY ENOUGH I AGREE WITH YOU.........Jack Ass Idiots.......again another Australian PM and others have betrayed the Australian people ........at the highest levels of Government in their form of complete COWARDICE........

Australian people are real scheming pricks in 2018,I wouldnt trust alot of them, having said that,I read elsewhere Australia is one of the only western countries that hasnt seen any recovery like others have started to see..

Spot on mate! I am 70 so I lived through the good times when everybody had a job a we could all buy a home. What also makes me really angry is that the bastards now in power who got free uni degrees, have now put a massive financial noose around the necks of the next generation. Why couldn’t the trillion dollar super fund be invested in a state if the art NBN so that states like Tasmania don’t have to chop all their rainforests down and cover the state in monoculture plantations? Precious metals and crypto’s are a lot better option than real estate where only those at the top can loot and steal all they want. Great video that addresses a lot of issues... let’s hope we can get some solutions before we do become Venuzalianised! Mind you I do think it goes much deeper than the moronic Australian leadership - the global Cabal actually control everything aka ... Malcolm Turnbull being dumped despite being just a cardboard Goldman Sachs cutout anyway.

Great Video .... What about Australia investing in India ? Also there are lots of Indians moving to Australia ... What are job prospects for them ?

The Euro will crash and it will take out the Ossie dollar at the same time. The times and seasons show a time of 'darkness' is due, and the powers have tried everything to stop you from knowing about it. Its much later than you think.

What you percieve as stupid is actually minipulation of the elites. Yes our pollies r stupid to let it happen. And the general public r lied to by the minipulated msm.... So many layers of lies n stupid. But your right aussie is heading for massive crash.

We have had john Keynes economics help us through 2008. But now we need Milton Friedman style economics. Business is risky, but unless you are willing to fail, you will never succeed. No one is willing to take risks, they just want to buy property because it's the safest spot to put their money. Well that's because they cannot think for themselves. Nor have they researched anything. It's not the politicians fault, they are the poor guys who have to deal with a country full of low quality human capital. That's the time

https://www.cnbc.com/2018/04/24/trade-war-with-us-may-be-tipping-point-for-chinas-debt-ridden-economy.html

You are ignoring China’s debt to GDP ratio which is almost the same as America now. China also has a lot of structural problems with its corporate dictatorship government. China also has very significant pollution problems and a burgeoning population. Half the rivers in China are dead with pollution. You are a forgetting how attractive Australia is with it’s empty land, clean air, clean soil and water and its proximity to China. China also has a shadow banking industry. https://www.cnbc.com/2018/04/24/trade-war-with-us-may-be-tipping-point-for-chinas-debt-ridden-economy.html

You are speaking to someone who studied China's economy in Hong Kong university. I don't recommend cnbc as a reliable source. Because the US has stupid human capital that want to know they are winning, when in fact they are losing. We don't want the stupid American people getting angry now do we

Invest in yr health Because when the government has fukd you all over at least you will have yr health.

For 40 years, the property bubble in Oz has been fuelled by 3 factors - easy credit, government intervention/manipulation (e.g. lowering interest rates, FHOG) and human greed. With tightening credit, the ability of the latter two con-factors to fool people has been greatly reduced - then we add rising interest rates - just to see if the proverbial frog noticed that it’s been slowly cooking in the pot as the water got warmer and warmer. Throw in electricity/gas and petrol price rises with normal inflation and the iconic Aussie moron on $50,000 a year with children surviving on government subsidies (at the expense of skilled workers who pay higher taxes to support these imbeciles who reproduce like rabbits!) and owning two properties starts to cook in his/her own juices. Those who were not greedy and just wanted a family house that they could slowly pay off in 25 years while bringing up their kids will also suffer as the value of their equity falls for a decade or so ...welcome to the lost decade, Australia

Good i hope the whole fukd up system totally collapses.

It's time to give australia back to the indigenous people because they know how TO look after the country and not just rape it. AUSTRALIA IS SO NOT THE LUCKY COUNTRY.

Australia will never be run by the indigenous people. I'm sorry to tell you this. But if this is your real goal, then you need to start increasing your population. Encouraging every indigenous woman to have as many kids as possible will help the cause. The having every man fully employed. Only then will you have even a slight chance. This is how the real world works. By the way. If China takes over. The indigenous people will most probably be wiped out. Because the Chinese have done this for thousands of years. The funny thing is, you don't know it, why you ask? Well they are all dead, that's why. There's no one left to complain.

You made a couple of good points in the first minute. The rest of this video was an un edited poorly constructed and non factual rant. You shoukd think about your statements a little more.

Silver is a better bet than gold, once the price manipulation ends.

Lots of countries have laws which means the Govt can rob from people's bank accounts next time the economy collapses. - because they know it WILL collapse, soon!

Lol YouTube experts who say they don't have time. Right! Asking for money. Poq

Yeah I don't. Considering all the revenue from these videos go to support my sick aunty who almost died recently. So I don't earn anything from this. Also, I just completed my second hip replacement. Got my own problems while helping others, yeah how dare I hey. How dare I care for my country too, how dare I try educate the masses of fools out there who are ruining my country. How dare I. Sorry I get fired up when people don't get it.

Malcy Turncoat is a bought and paid for Globalist shill ... he knew precisely what he was doing - all our Political Parties are captured entities of the Globla Elites - that's the way the world works!

I am an investor, and you are wrong about a huge amount of things in your video , I am not going to list them because you will learn for yourself over time.

Dave Lee at first I started to write a very long essay on the points you are wrong in which was all of it , I then changed my mind because you and others who have a mind set of “the sky is falling on our heads “ will not change no matter what you say to them . I have better things to do .

+Michael Wilson Can you discount at least one of my multitude of points. If I'm wrong, I want to learn. No one knows everything. My views evolve with new information.

Dave Lee , as I said you need to learn a lot more what you have said in this video you have made is un-factual. Why do you not go and get some real facts.this whole video you made shows the depth of maturity you have . You can not handle you are wrong and that shows the maturity you have. This video is assumptions buddy you don’t have a crystal ball and you are putting together poorly researched ideas about why you think the economy is going to crash none of your ideas relate to anything that is dynamically happening . You ain’t smart kid if that is what you think you are !

+Michael Wilson Mike. Investors looking at their screens all day, reading and analysing data, plus doing technical analysis on graphs are and will always be seen as the "chosen smart ones" just like you. But only a few saw 2008 coming, hell smart hey. To compound the problem, these smart ones are also the people who panicked like immature school kids and shorted the market which caused a bigger problem. Smart mature investors. Thanks for providing zero counter arguments to mine, just an immature ad hominem remark.

Dave Lee , like I said go learn for yourself you are actually wrong about all subjects in this video. But hey you got all your little doom and gloom merchants egging you on through un-factual ideology it is obvious you are not an investor who analysis markets as I do. You are spreading mis-information that is all you have done, lots of people would believe you of course . You are still young believe what you want, however it is easy for me to tell as an investor you have no idea !

mention one thing?

The gold market is still shorted and thus controlled. The shorting of silver by JP Morgan for the last 13 years stopped officially on Sept 4th 2018. Silver is scarcer than gold. JP Morgan controls 54percent of all above ground silver today. Silver not gold is the better option by far. It has far further to rise than gold. Both short term and longer term.

Yeah. Mate. We. Tried. To. Developed. Woolen. Mills. Here. But. But. We're. Crunched. By. Our. Own. Politicians. Why. ? That. Was. Back. In. 1992. What. Happened. Then. They. Collapsed. The. Wool. In. Australia. Geoff. Kennett.former. Victorian. Premier. He. Actually. Bought. The. State. Of. The. Art. Wool. Textile. Weaving. Machines. At. Auction. In. Melbourne. Then. Mothballed. Them. At. That. Time. The. One. Time. PM. Malcolm. FRAZER. Sold. His. Top. Sheep. Stud. Got. Right. Out. Of. The. Game. In. 1992. The. Hungarian. Ambassadors. Informed. Us. Hungary. Had. 18. Woolen. Mills. & we're. Desperate. For. Wool. Stocks. But. We're. Unable. To. Access. The. Australian. Wool. Markets. The. Australian. Wool. Corporation. Collapsed. Then. With. $20 billion. Dollars. Going missing. From. The. Wool. Tax. Collected. From. Australian. Growers. I. Am. Owed. Still. $160-000-00. Something. Smells. Like. A. Dead. Rat. Here. ????????? Where. Did. All. The. Money. Go. & what. The. He'll. Is. Going. On ????????????

The logistics leave alone the costs of getting resources out of African countries is not a one year or two year solvable conundrum. Roads rail ports and tech skills. Plus the historical political instability. All this is semi generational. I am basing this on 45 years of global business in resources. Agriculture and mining. Not as simplistic as you outlined in other words. You are at least two to five years off the mark depending on each country. China is also debt stressed which inhibits a mass OS spending spree. In other words no country is getting out of this scenario Scott free. Not China. Not Australia. We are tied to each others spiralling debt. But to whom?

The real problem, and it will never get solved, is greed. Greed is what keeps our political parties parasitical instead of productive. Greed is what drives wages down and prices up (like small businesses owners that don't want to pay a decent wage to their workers but somehow think people have $8 for a coffee.) Greed is what blew up the property bubble (woo double your money in two years just pay the interest.) Greed is why we're locked to the US at the teat (hoping to get thrown bones) Greed is why we don't manufacture (costs too much in fair wages) The only way things could ever change would be to start by clearing out 4/5ths of the police force and 100% of the political and finance sectors. And by clearing out I mean public executions. The system is rigged to siphon money out of the pockets of majority of people who work for their money into the pockets of a minority of people who inherited their wealth. 49% of us are blaming the other 49% for it while that rich 2% just keeps getting richer no matter if it's left or right in power. This bloke says quite often Australians are stupid but it's not just Australia, we're all getting screwed and nobody has the intelligence to take off their blinkers and see who's really benefiting from all this. Cui bono. To whose benefit? First question a smart person asks when they're trying to figure out who's fucking who over.

6:24 America's gonna build a wall, and we're gonna make Australian Super funds pay for it! *LNP Voters cheer loudly*

Invest in SILVER @ GOLD @CRYPTO

It's good to have a sense of humour during a crisis. It's the Aussie way

Joko Widodo will win again in the next year elecetion, your perception basically coming from media right? Media loves to show those dumbass corrupt and radical groups but in reality they won't ever takes the power. If you look at some data Indonesia improving a lot from corruption index,competitiveness index, ease of doing business. investment grade rating, etc. Around 60%-70% of South east Asia's infrastructure market are in Indonesia. That's why countries like Japan,Korea,China,Singapore,etc keep pumping billions of dollar to Indonesia. Don't believe much what media says because at the backstage both of current government and opposition still keep engage together, they keep talks,meet each other eventhough they looks fighting in media.

Where did you go?

None of you have. Yet I opened your eyes a little. Now you can have a few beers and pretend these are your own thoughts and act smart amongst your mates. We both know these are mine

Atlassian Yup. Pirates. Well, imagine living in Qatar. I bet they never thought it could happen to them either. Australia is marked for colonization, if we don't play ball. Then China will destroy us , then colonize us. Unless the USA can manifest a miracle. Not since I was a young child, did I believe in miracles though.

Feel free to send me anything you think is useful

Good choice

Pat Edwards - GST and inflation hit the poorest harder than the wealthy unfortunately. NZ quickly went from 10 to 12.5 to 15%. Their new Socialist PM has 17.5 on it's way. Aussie too has 12.5 just around the corner.

We can turn this around. Start by trying to secure our maritime trade ourselves.

Interesting hey. I saw this problem. So I created a system on how to live rent free while renting. This is what I call phase two. This helps me avoid debt and the reliance on asset prices.

bahahahaha we dig holes!!!! I love it! Good work mate, keep it up.

Bing bong .

Bit of a drama queen..

China is moving into the Caribbean as well. Jamaicans are seeing boatloads of them taking over businesses and properties. I think it's part of their plan to have bases close to the u.s. for when the time comes for an invasion which they are planning to do with Russia and her allies. They're licking their chops to own the vast wealth and the bread basket States of the U.S. to feed their people. And prophecy says if America does not repent, it will happen. The same goes for Australia for the laws they've allowed to pass over the years.

If they vote Labor or greens the economy will collapse for sure.

Atlassian is one company created by Aussies. But they decided to do the IPO overseas because I believe that Australian laws and company taxes are ridiculous. All our innovation is going overseas and as a young professional and the amount of taxes I am paying, working overseas seems more attractive.

For 20, 30, 50 years your Governments HAVE NOT HAD ENOUGH MONEY to fund: the Aged, Homeless, Single Mothers, indigenes, Vets, or the Disabled and Unemployed. but when hundreds of thousands of FAKE REFUGEES land on your doorstep, suddenly they have BILLIONS OF EUROS/DOLLARS TO THROW AT THEM. How is this so??? You have to write to your politician and ask them.

Now 8 minutes in and confirmed that you are an idiot. Indonesia to blockade Australia so we can't trade. Yeah right.

I got 6 minutes in and realised that you are an idiot. One trillion of our super into US infrastructure? This is just bullshit. Malcolm Turnbull has no say on where super funds are invested as they are independently managed and completely separate from government.

Links in the description. Plus on the screen.

The Oz Federal Reserve (Rothchild's) bank is in crisis...Trump has reset US Fed Reserve, sacked all the CEO's, and replaced them...and that will happen here. All debt will be wiped as it doesn't exist....all loans are fiat money.

Mate the Australian economy has already collapsed. The whole economy is based on mass immigration and houses. Millennials are forced to live with their parents because they cant get jobs, and when they can get jobs their still broke. These millennials cant afford these houses so there's nobody for the baby boombers to sell their houses to thus causing a pullback in houses prices which sends the banks broke, which then forces the banks to steal depositors money. PROPER FUCKED

Buying property in Gawadar port of Pakistan, property is cheap and it will boom soon.

another great piece of advice DON'T TRUST THE MSM there is so much we are not being told and much of what we are being told is propaganda

We should be investigating our money into building quality products ie. High end cars like Italy. Ferrari don't compete with China or Japan but there always selling cars. So compete with them. Other things. Fish farming on land. We dig great big holes let's fill them with water and breed fish to sell. Ummm what else heaps. Investing in small business. Look there is a pleather of things we can do. It's just a case of doing them.

Me an my brother have been saying what you said for years.

Australia is controlled by USA. That’s why USA can use Australian soldiers to fight its wars

We are the largest banana republic in the world.

its so funny, as a child and adult I would go off to school or do my study or at university and so many older adult/mature age students would say "oh none of what you learn here at university really applies to real life, bla bla, I fought in a war, or I worked in law or something" that made them so jaded! but I was always thinking every day I went to college or whatever , "hey, one day I want to invent something, something that everyone has to use and needs, it can't be that hard, wasn't it an Australian that came up with inventing the wine cask tap? I am not sure I just remember them as a kid. I want to invent something amazing" and off I would go walking and thinking. yeh, I agree with what you are saying when I was studying economics 25 years ago they said india etc would be the hub for IT and they are also for pharmaceuticals but I just wonder what tricks up the sleeve usa have cuz they do seem to always come out high if not on top. if you think history is boring go see a course on how dates revolve around in patterns 1260 and 2520 and some say that futures are often misdiagnosed by forecasting experts and if anything aspects of climate and natural disasters are not taken into account here but based on the patterns history and the future are not random says the teacher of the course. Trends and slow movements don't always show up as huge things but over time turning points do. I think Australia has not been clever about town planning, population and developing citizens it already had rather then falling for every sad sack story from overseas cuz you know its the richer ones that got over here and they bled off our welfare and charities and took over the private church primary schools when we should have been supporting our own first. Don't underestimate USA or china or anywhere's intelligence. That is the worst thing anyone can do! Australian govts and officials only have themselves to blame for this because the warning signs about all this was being said back in the 1980s.

The only parasites i know of are feminist.

Dave ,Cleary Australians are supposed to be clever. When confronted by these realities about the future that's not far off from today, why can't Australians stop siding with international terrorism which you know you're doing as part of NATO that serves the interests of political Zionism and the global banking elite. You can still push back on the bad Karma flooding your way for past indiscretions with the terrorist alliance of the world. Why do you want to or why do you have a NEED to manufacture a world war. You are supposed to be decent and civilized and cool headed and rational. Maybe it's too late. Maybe it's too late for your fake western political leaders that sold you out and completely lost control. Now you have to pay their price as a nation. Stupid -- really stupid. Your strategy can only be in these circumstances to: 1. Realise that USA/ NATO has become fragmented and this will continue. Be a voice of reason and distinguish yourself from them on the basis of international law. Dont be their rubberstamp. So, increase your value because you have non in your relationship with a bully. Win respect for yourself from your friends- in - terror. 2. Decide deliberately not to merely follow US's decisions on trade war. See what's in your interest. It's a no brainer. Continue to trade on your own terms with China and the world. 3. Get out of trade route disputes. You will have to fight the empire's battles for her otherwise if you dont. She will not send soldiers only battleships. You'll lose your citizenry for the disrespectful empire. Hope you can see the need for radical change of mindset. With love from supposedly dark Africa.

By the way China has the full control of Darwin harbour and we do have sustainable levels of Oil for Petroleum spirit but limited refineries . We can be sustainable if only we go back to manufacturing . Construction industry can come back by stopping negative gear , The only people who will argue this point will be property investors …

Australia did once have Smelters and produce Iron for construction ,It did have manufacturing . It also had in every state an Oil refinery when Singapore hadn't . It has had as the old story goes the life giving structure of Farming and still we employ ridiculous , lying and self serving politicians who over the past forty years have done very little for the Aussie bar the One percent who paid very little for their wealth .So who controls how we live are the banks and why did Malcolm cash up while managing his Water portfolio and send his cash to the Cayman isles …. So what is the answer how do we let the Bastards know that we are not going to put up with this any more ???

Australia should ink a deal with India supply them with cheap iron ore in turn refine your oil in india, also secure navy support in the indian ocean.

@ 13:58, if you're a smart Australian, you'd leave.

add to that our greedy refusal to acknowledge that the usas pre-gfc houssing crisis is coming to a street near you... our bubble is about to burst

Your bang "right" brother , and the world wide financial aconomy crashing can't be stopped, it's peaked at the top of the chart and the only way is down down down and it's going to hurt so many people . Jobs will be lost ,small businesses are starting to close there doors ,larger companies are getting out or down sizing and laying people off . And why it's going to be so intense and hurt so many people is due to their large financial mortgages ,where 15 years ago you could buy a affordable house and land package at affordable $80 to $120 ,000 .Today prices are gone through the roof. this is known as spiking up peak pricesand there's no morn is affordable housing with has created a huge housing bubble , Today mortgage is around $500,000 and if you want to live like the (Jones) $1 ,2,3 million. (nuts ) so if your do your home work people the only way is down down down and it's going to hurt. let's hope warrrrr don't' come over it all because each know war there was a financial collapse just be fore and war being added that would be a bummer. ..become a aussie prepper it's the only thing that is going to save us .

Thank you so much for this video

but i can understand your frustration. your landlord may have increase the rent for you.

a house price in 70s were around 20k to 30k. now after many decades it is over 500k. the growth will slow down or just stop or in worst scenario prices will get reduced maximum 5% average only for 1 or 2 yrs. fall of house prices will effect government business. and government will control the economy with increasing demands, means more migrants, specially more boats

Invest in Australia, and time for new fresh politicians who can think long term as well. Water in the north use dams pipe water south all over inland Australia get the Indigence people involved as well. Ports are already there, train lines to ports are already there lets feed the Asian world and others beef, sheep, grown produce. Don't sell oil refine our own, Open up steel making for pipes Australia only if we have the resource use it don't buy it. Soon as there is a loop hole for over seas investors not pay tax change the law immediately to block don't wait until we cant do any thing about it

Australians all let us rejoice

That's our own karma for sleeping in the same bed as the USA

Dutch disease

I have also always had an lust for gold and been stacking for about the last decade, I also put a small percentage of my money in digital currencies which is seen more significant profits but still try to sink some of those profits back into gold and also some silver as silver in my opinion is a lot rarer than gold because so much of it is used in industry whereas gold is basically hoarded in safes. I totally agree with you that the Australian dollar is going to dive, I think this is the Liberal party's goal because then their donors who mainly dig stuff out of the ground will be able to sell it for comparatively more in Australian dollars.

Be careful with cryptos. Gold is overpriced, but still good as a store of value. But it's good you're planning. You are ahead of the pack for even thinking of the future.

Australia is calling on Elon musk to build our power station

get rid of windmills

Yup

I am an Aussie

Its not stupidity it is a deliberate global plan . No country must be able to be independent or else you can tell the world government to stick it. Don't be so short sighted this is a plan !!

Sometimes. That's the point here. Figure out the plan and take action on it. Can only work with the globalists, not against them.

You're making an error regarding share ownership and price for Westpac shares. There is no relationship. The price could have risen because share owners decided not to sell at a lower price (because of their increasing revenue from raised interest rates)...

The volume in buyers increased as soon as the news was released. It did happen. Here's a tip. Look at the Australian libor rate which has been dropping even though the interest rate just increased. Make your own assumptions why. I have not figured why out myself. Can't make out a definitive pattern.

John Cadogan the auto expert he has all the answers..

Gold is boring as bat shit! Invest in cocaine, pornography and alcohol....... That's where the money is during a collapse. Get some good sex skills and you'll be set for life.

Dave Lee yeah, it's very sad but it's true. Ive actually bought up some nicorette sprays and tabs when they're half price at Woolworths..... I like being creative about barter for hard times. I don't smoke or drink alcohol but ive got plenty on hand to use as currency. Another thing you can barter if we collapse really badly is salt and spice. The biggest collapse i lived through in Oz was "the recession we had to have." The stock market crashed in 1987 and then by 1991 every second shop/office in the street had a for sale or for lease sign on it. My business partner and I took advantage of this and we started our business, Internode, by moving straight into an office space because it was even cheaper than renting a house. We could get huge areas in the city with great views high up in the buildings for pennies per week. :) that was fun.

I almost went there in this video. In extreme poverty. You need something to barter. So cigarettes , alcohol and drugs can be used instead of a hyper inflated currency. Just like jail. So, I know you are joking but there is real credence to what you said.

There's too many italians here.... Buying up all the houses since the 1950's. I'm actually an entrepreneur who built a business in Australia and emplyed 1000's of people. I'm at my witsend thesedays we have no opportunities anymore. So you're predicting Paul keatings Banana Republic. I'm a person who invested and built a technology company with the intention of creating brand new products..... Americans bought out patents and shelved them. One of my friends and I had a program for analytics of websites in 1996, and it was far better than what exists now because I had sales and marketing experience to add to it. That got shelved. Silicon Valley has too much power, you cant create anymore.

Wow, nice work. Please keep at it. Australia needs more entrepreneurs like this

Donald Trump, or at least his administration, is completely facilitating the rise and domination of china. They're strong arming like mad since they've been in power, trump has stood down in the south china sea. It's all perpetuating the BandR.

While some things you say are true that China is expanding to who it can buy resources from it is acting smartly by not setting itself up to only buy from the west. You need to go up some levels in your thinking and know that if we crash it is because western countries linked to the US dollar have lost their economic sovereignty and so we now find ourselves in a position where all of US foreign policy actions have the potential to ruin our economy. The US is at this time using it's dollar as a weapon against countries that won't agree with their dictates applying sanctions on everyone and any country that wants to exercise it's own countries legal rights. Theses sanctions are going to affect who we trade with which means our economy will suffer. China knows that we tow the line to the US and can separate the politics and is mature enough to keep trading with us. China is investing billions into infrastructure in many countries to build economic ties and the US is in full panic mode as it's economic dominance is being reduce by the might of the Chinese economy. Remember that China is no longer a communist country but has become a secular capitalist nation and will certainly deal a economic blow to the west. So my friend these things you speak of a influenced by a much bigger picture and what more than 120 countries are doing is positioning themselves to dump the US dollar and trade in their own currencies to free themselves from sanctions and US hegemony. All China has to do is cash in their US bonds and the US economy will be destroyed but the Chinese are acting way smarter than the US and will end up being the major world economy in a few short years unless the US can derail the world economy with a major war with China, Russia and Iran. If the US dollar crashes against the might of the Yuan then every country tied to the dollar will go with it and even many like the world banking cartel the Rothschilds have move to investing in the Chinese Yuan and have largely dumped the dollar. What does that tell everyone ?

Some great analysis. I am not an Australian and never been there in my life. I live in Karachi, Pakistan. It's not a real paradise here. Power shortages, water shortages, broken roads and a typical over crowded city of South Asia. Just few hours ago i was sitting in a real state agency, a young guy walked in riding a 70 cc bike trying to assess the value of his house. He already had an offer of half a million US dollars or 5 crore Pakistani rupees. He wanted 6 crore. That's a 600 yards house in an average area. Can you imagine this amount where an average monthly income is $350 a month. I am sure something will happen and soon as nothing makes sense. There is extreme poverty, no public education or health care even clean water and real estate millionaire everywhere. We really need a fix for this real estate madness.

+Dave Lee Chinese are investing very heavily in Pakistan and close to 60 billions in CPEC a huge road and belt project. But not as many Chinese living here. I would guess 100k at most.

Pakistani cities are now populated by Chinese aren't they.

Australia one of the best country to live in even in a global economy collapse.

But if our standard of living decreases, the best people will leave and take their money with them

Disadvantages of free press. May God save Australia.

Fascinating ozzie is as dumb as ireland excellent talk

+Dave Lee very sad but it as this guy says he is on the ball the irish who have infested this barren space are too wonderfully corrupt to direct a pig farm sad isn't it you will soon be a shithole poor you

Yes dear boy you are hopeless it's your irishness

We are in fact your convicts aren't we.

The greenies forced BHP to shut down Newcastle steel works back in the 80s so we cant make our own steel products like we did. We also had a place in melbourne called Coode island that refined our oil but they shut it down as it upset the greenies

cfmeu is using force to demand higher wages. This is one reason why inflation will be devastating. Meat heads holding the government ransom. We are no longer competitive. Time to live within our means or the entire country will implode. Lower wages, more productivity. Welcome to the reality of the world we live in today

Interesting video, I've been in australia for a couple of months and have been researching about the geo politics and economy for a while. It's true that the economy is largely dependent in china. As a matter of fact, the professors and researchers openly admit to it. What are your thoughts on investing in india? I've been working on a proposal.

Talking about no smart people in a Australia. My pet thing, go to SEEK. Look at $150,000 Jobs and see how many are in Science compared to professions. In particular look under Chemistry and Physics, typically there are 40-50 jobs nationally, at any salary level. Yet we want more people, particularly women in STEM. Why? There are no jobs! Average salary Chemist/Physicist $60,000. National average salary $80,000. You don't see scientists driving Ferrari's to their mansions.

Science is as gangsta as it comes. The underhanded theft of ideas, is happening hardcore. You collaborate with another scientist with more funding abroad and they will steal your idea. Next thing you realize, your 4 years of hard work is being published before your eyes and you find out it was because you spoke to the wrong person or helped the wrong lab. Science is gangsta. Can't help you there. It's too gangsta for me to figure out a solution to.

This is a much more accurate and thorough explanation of the effects of the tariff plan.

I can go deep on all these topics individually. Perhaps if I have time, I'll explain what the trade war is really about. No one has explained this online, from what I can see

You need to do more maths and calculation........this more about opinons......

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